AWS Mortgages

  Every year, more and more mortgage applications for contractors are submitted; because the population of contractors is increasing day by day, and they also have to take mortgages to meet their needs. In this regard, the use of brokers has several advantages, including the following: Review the goals and needs of contractors Take the necessary steps for contractors' mortgages Check the borrower's credit Estimate the amount of deposit Familiarity with lenders assessment formula Manage mortgage costs Market Search Awareness of market fluctuations Continuous communication with applicants at all stages Proof of contractors' affordability As mentioned above, mortgages for contractors face many complexities and challenges. Using the consulting services of a contractor broker can greatly reduce the stress and worries of contractors. AWS Mortgage specialist advisors have access to many lenders and help borrowers find a de...

  Contractors can take steps to increase their chances of getting a mortgage . However, these measures will vary depending on the type of application and their affordability. But in general, the following steps can help them get mortgages at better rates and conditions or make the mortgage process easier. •          Improve the credit history •          Debt to Income Ratio (DTI) •          Pay more deposits •          Search and evaluate mortgages (rates, types of mortgages and mortgage term) •          Contract management •          Use a professional mortgage advisor Before submitting your application, AWS Mortgage specialist advisors will review your credit score and provide the necessary solutions to improve it. Depending on y...