Author: Catherine
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Household Income of Borrower applicants
Income Qualifications When you’re applying for mortgage financing, income qualification is one of the most critical parts of the approval process. When more than one borrower applies for a mortgage—lenders use a variety of metrics to determine affordability. One such metric is Total Gross Income—refers to all pre-tax income from all borrowers on the application… Read more
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The mysterious rhythm called Luck
It’s a quiet kind of magic—when “feeling ready” meets connection, and two or more paths, once scattered, begin moving toward the same direction. Luck is that unexpected intersection between timing, preparation, and opportunity. It’s not always predictable, and it can’t be forced, but it shows up—often subtly—and paves the way for change. Sometimes, a lucky… Read more
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For the love of—Love and Timing, and Us
I recently saw a Bumble dating commercial and it’s “holding hands – for the love of love theme,” makes me warm and fuzzy for a minute, and I realized the theme has similarities to our relationship concept at Co Borrower Hub—the idea of holding hands as a group, a symbol of collaboration. In my personal… Read more
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The Glass-Steagall Act – repealed 1999
One of the most important banking laws in the United States history. It shaped the financial system for 66 years—until it was dismantled in 1999. In my opinion, the businessmen and politicians saw the need to upgrade and adopt a risky move for corporations to become bigger. But in any case, there were only one… Read more