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NerdWallet solicits information from reviewed rate than a rate-and-term refinance, other homeowners seeking flexible terms.
NerdWallet solicits information from reviewed rate than a rate-and-term refinance, other homeowners seeking flexible terms.
You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. As your ability to repay is a prime consideration in your loan application, anything you can do to increase your income may help � whether through a promotion, raise, new job, or second job. Home Ownership. Bank also looks at factors including: The amount of equity you have in your home Your credit score and history Your debt-to-income DTI ratio Your income history Want to learn more about credit scores? Late payments can stay on your credit report for up to seven years.