How does Loan applications for mortgage gets affected ?

I have applied for a Mortgage loan with Chase two weeks back will the current market conditions effect the Loan application approval. I have a excellent Credit score of 788 and an annual salary of 85,000.How does Loan applications for mortgage gets affected ?
Those are two important pieces that are in good shape - your credit is excellent and your income is good.





The last part of the puzzle is the house you want to buy. If it is %26lt; $200,000 and you have 20% down then you aren't going to have any issues getting a mortgage, even with markets siezed up. If you want too much house or don't have a big downpayment, it might be tougher to actually get that loan right now.





good luck!How does Loan applications for mortgage gets affected ?
With the bail out not going thru it means that you will have to put more down on the home that you want and it means that ti will be harder to get that loan, right now all things are froazen til at least this thursday to see if the next bail out plan will go thru or not.

cartridge

clinique