Know before you Search for your New Home Primary, second or Investment Purchase
-It means Qualified Mortgage
-It means that you should be prepared and have your financials reviewed by your lender before you look for a property.
-It means that your debt to income ratio should not exceed 43%
Note that on some loans, you may have the ability to exceed the ratio limitation with good credit, solid employment and good reserves. You will not know though until we have completed a review of your credit and financial package with your Lender.
Stop and take the time to review
Be Prepared and provide your agent “Your Preapproval Letter” before writing your contract!!
Jean Jackson Crews, AVP
Senior Mortgage Loan Officer
NMLS #595305
Branch Banking and Trust – BB&T
office (850) 460-3080
fax (850) 269-4240
cell (850) 865-5326
30A LOCATION AT REDFISH VILLAGE – OPEN
DESTIN LOCATION:
34990 Emerald Coast Parkway
2nd Floor
Destin, FL 32541
WWW.BBT.COM/JJCREWS – online application