Free · No credit pull
Are you ready to buy a home?
See how you read to a mortgage lender — affordability, down payment, and credit — plus the fastest thing to fix. No credit pull, no account.
This readiness check runs interactively with JavaScript. What approvers look for:
What mortgage lenders look for
- ◆ Debt-to-income — about 28% housing / 36% total (QM caps near 43%)
- ◆ Down payment — 3% conventional / 3.5% FHA / 20% to drop PMI
- ◆ Credit — about 620 conventional floor, best pricing 740+
- ◆ Reserves — often 2 to 6 months of payments after closing
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