Assuming you have read and executed the steps outlined in part one and part two…..and now that you have clean credit reports from the 3 major credit reporting agencies, your Mortgage Representative will now evaluate all of your financial data in order to determine how much you can qualify for to spend on a new 2nd home purchase. They must factor in some basic estimates on taxes, insurance and condo fees (if any) on the new purchase.
Click here to read my blog post of the 3rd step you must take.
