20 ways to make your home loan underwriter (the "judge" love you better -- and none of them have to do with "improving your credit.."
So many people focus on their credit when they are trying to get approved. Yes, that is important. But, there are other very important things you can do to improve your chances of approval success.
"Deposit the difference DIRECTLY into your 'I AM GOING TO BUY A HOME' soon 'home savings account.'"
One of the things that can help you in trying to qualify to buy a home is having some savings. Even if you are getting a down payment assistance program, it really helps to have some savings. Just think, if your file is borderline, but you have some savings, that can push you into APPROVAL LAND (it lowers the risk, which is what underwriters like to see!). So, here are some ideas.
20 ways to deposit more money into your “I AM GOING TO BUY A HOME” savings account.
1. SHARE YOUR SPACE… While you are saving up your money for your down payment, or your post closing furniture, get a roommate to split the rent with you. Put the difference into your home savings.
2. EAT OUT LESS…Shift from eating out to eating at your place. Put the difference into your home savings account.
3. EAT LESS, PERIOD… Take smaller portions the first time around, eat slower, and think twice before reaching for seconds. Reward yourself by putting the difference into your home savings account.
4. WALK, OR BIKE, OR RIDE THE BUS INSTEAD OF AUTOMATICALLY JUMPING IN THE CAR…How much gas would you save, and car wear and tear, if you chose to leave your car parked more often. Pay yourself the difference, and put the difference into your home savings account.
5. GET A SECOND JOB TEMPORARILY…PUT ALL THE EXTRA INTO YOUR SAVINGS into your home savings account.
6. SELL YOU. Babysit, housesit, cut hair informally, tutor… PUT ALL THE EXTRA INTO YOUR HOME SAVINGS ACCOUNT.
7. SELL YOUR STUFF...Craigslist, Ebay. Garage sales. (Helps get your home in order before the move, too!) PUT ALLTHE EXTRA INTO YOUR HOME SAVINGS ACCOUNT.
8. STAY HEALTHY…Keep up your wellness visits so you don’t end up with any surprises. For every month healthy, put some funds into your home savings account.
9. WATCH FOR SALES AND COUPONS at places where you shop anyway…Put the amount you saved INTO YOUR HOME SAVINGS ACCOUNT.
10. ASK FOR PRUDUCT SAMPLES…Put a few dollars into your home savings account.
11. DON’T GO TO THE GROCERY STORE HUNGRY…Put the HUGES savings into your home savings account.
12. BROWN BAG IT 2 OR 3 TIMES PER WEEK…Calculate the approximate savings and put the extra bucks into your home account.
13. STAY ON TOP OF YOUR EXPIRATION DATES…Don’t waste food by letting the expiration date go by too fast! Watch the dates.
14. KEEP UP WITH THE LEFTOVERS…Have leftover night and then with the extra time you did not spend cooking, pop in a DVD.
15. BUY GENERIC BRANDS ANY TIME YOU CAN….Put the estimated savings into your home account.
16. AVOID AVOIDABLE FEES – ATM fees, late fees… Reward yourself for being so smart to avoid the fees by putting some extra money into your home savings account.
17. DISCONNECT YOUR LAND LINE. Put the savings into your home savings account.
18. GO TO THE LIBRARY FOR FUN, INSTEAD OF TO THE MOVIES. (Turn your thermostat down at YOUR place while you are in the cool, cool library). Get some books to read, or borrow some DVD’s. Put your theatre money into your home savings account.
19. CLAIM YOUR MISSING MONEY…Have you been told that the state has some of your missing money, and you have been too lazy to claim it? Shame! Claim it! Put it into your home savings account
20. SET UP AN AUTODEPOSIT FROM YOUR PAYCHECK INTO YOUR HOME SAVINGS ACCOUNT.
IN ALMOST NO TIME AT ALL, YOU CAN IMPROVE YOUR CHANGES OF A LOAN APPROVAL, simply by having more money "in reserves."
I just LOVE Katy, Texas .. If you don't live in Katy, Texas yet, I will save you a place -- because you WILL want to live here soon.
Want information on DOWN PAYMENT ASSISTANCE OR SPECIAL VETERANS PROGRAMS? Call me.
Cheryl Kitsch
281.610.6927
cheryl.kitsch@alumni.rice.edu
KATY, TEXAS 411:The Golf Club at Cinco Ranch - "2nd Annual Red, White & Blue Charity Golf Tournament" ... 8/5/2011
2nd Annual Red, White & Blue Charity Golf Tournament
I just LOVE Katy, Texas .. If you don't live in Katy, Texas yet, I will save you a place -- because you WILL want to live here soon.
Want information on DOWN PAYMENT ASSISTANCE OR SPECIAL VETERANS PROGRAMS? Call me.
Cheryl Kitsch
281.610.6927
cheryl.kitsch@alumni.rice.edu
KATY, TEXAS 411: American Legion of Katy's 7th Annual Ice Cream Social...July 27, 2011
I just LOVE Katy, Texas .. If you don't live in Katy, Texas yet, I will save you a place -- because you WILL want to live here soon.
Want information on DOWN PAYMENT ASSISTANCE OR SPECIAL VETERANS PROGRAMS? Call me.
Cheryl Kitsch
281.610.6927
cheryl.kitsch@alumni.rice.edu
Ever do something accidentally and then feel like a schmuck afterwards? Do you replay it over and over in your head, trying to wish it into erasing itself?
Like, pull out in front of someone in traffic (and get the "salute?")...or, get in front of someone in line accidentally at the grocery store? Or, accidentally throw away your lottery receipt when you would have one a big prize?
Don't beat yourself up. Accidents happen. Watch this and feel better about things!
I just LOVE Katy, Texas .. If you don't live in Katy, Texas yet, I will save you a place -- because you WILL want to live here soon.
Want information on DOWN PAYMENT ASSISTANCE OR SPECIAL VETERANS PROGRAMS on the purchase of a new or resale home? Call me.
Cheryl Kitsch
281.610.6927
cheryl.kitsch@alumni.rice.edu
KATY, TEXAS 411: Have you been to all of these Katy, Texas Attractions? Put them on your MUST SEE list!
City of Katy Railroad Park and Railroad Museum 5615 First Street, 77493
The old MKT Depot which serves as an Information and Tourist Center for Katy. A caboose and the elegant Verdin Street Clock, and park.
Katy Heritage Museum 6002 George Bush Dr, 77493 281.391.4800
Vintage farming equipment and artifacts from Katy’s agricultural and pioneering history are on display. Old photographs, antiques.
Katy Heritage Park 5990 George Bush Dr, 77493 281.391.2550
Restored historical buildings, including the Wright Museum, the Featherstone House, the Stockdick House and old Post Office. Concerts are held on the Tradition Bank Bandstand.
Katy Mills 5000 Katy Mills Circle, 77494
1.3 million-square-foot dominant retail and entertainment destination. Best names in retail .
Katy Prairie Conservancy 713.523.6135
Katy Prairie has a decidedly unique heritage. Enjoy the outdoors and wide open spaces. Thousands of acres. Take a family friendly tour or a more adventurous nature hike during the regular Prairie Discovery Tours or branch out on your own during the Open Trails events.
Katy Rice Harvest Festival
Named HCN Katy Sun Reader’s Choice Best Annual Event Named One of Houston Area's Top Ten Festivals Historic Downtown Katy 281.391.KATY Oct. 8-9
Celebrate Katy’s agricultural heritage with arts and crafts, food, carnival, photo contest, rice cooking contest and continuous live entertainment on two stages. Parade is Oct 1. Leonard E. Merrell Center 6301 S Stadium Lane, 77494 281.396.2562
Mary Jo Peckham Park 5597 Gardenia 281.496.2177
32 acre park includes a large playground, miniature golf complex, a large picnic pavilion and a generously-sized, regularly-stocked fishing lake. Other features of the park are: a lighted walking trail; a gazebo; restrooms; picnic tables and barbeque grills; a tropical fish pond; a community center with exercise room.
Old Town Katy North of I-10 and Pin Oak North of I-10
“Heart of Katy”. Old Town Katy offers a unique shopping experience in a small town atmosphere a mere 15 miles from the hustle and bustle of our Nation’s fourth largest city. One of a kind antiques, stores, restaurants, gift and specialty shops, arts and crafts and more.
Veterans Museum 6202 George Bush Dr 281.391.8387
The “G.I. Joe Museum” in VFW Park features exhibits of every foreign conflict involving the US. It also recalls the careers of the 130 members of the VFW group, which includes men and women from every branch of the armed forces who served in combat
I just LOVE Katy, Texas .. If you don't live in Katy, Texas yet, I will save you a place -- because you WILL want to live here soon.
Want information on DOWN PAYMENT ASSISTANCE OR SPECIAL VETERANS PROGRAMS on the purchase of a new or resale home? Call me.
Cheryl Kitsch
281.610.6927
cheryl.kitsch@alumni.rice.edu
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DOWN PAYMENT ASSISTANCE Programs, CLOSING COST ASSISTANCE, MORTGAGE CREDIT CERTIFICATES. Homes with First Time Home Buyer Programs. Katy, Cypress, Spring, Sugar Land, Houston, Kingwood, Humble, TX.
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