[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1lzkkde7wqihm":3,"$ffeh0925h8cuz":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},478,"what-do-you-actually-need-to-get-a-mortgage","What Do You Actually Need to Get a Mortgage?","\u003Cem>Fannie Mae\u003C\u002Fem> recently released their \u003Cem>\u003Ca href=\"http:\u002F\u002Fwww.fanniemae.com\u002Fportal\u002Fabout-us\u002Fmedia\u002Fcommentary\u002F121015-palim.html\">“What do consumers know about the Mortgage Qualification Criteria?”\u003C\u002Fa>\u003C\u002Fem> \u003Cem>Study\u003C\u002Fem>. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways:\r\n\r\n","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002F01161809\u002FNeed-To-Qualify.jpg","\u003Cem>Fannie Mae\u003C\u002Fem> recently released their \u003Cem>\u003Ca href=\"http:\u002F\u002Fwww.fanniemae.com\u002Fportal\u002Fabout-us\u002Fmedia\u002Fcommentary\u002F121015-palim.html\">“What do consumers know about the Mortgage Qualification Criteria?”\u003C\u002Fa>\u003C\u002Fem> \u003Cem>Study\u003C\u002Fem>. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways:\r\n\r\n\u003C!--more-->\r\n\u003Cul>\r\n\t\u003Cli>59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary\u003C\u002Fli>\r\n\t\u003Cli>86% of Americans either don’t know (59%) or are misinformed (25%) about what an appropriate Back End Debt-to-Income (DTI) ratios is\u003C\u002Fli>\r\n\t\u003Cli>76% of Americans either don’t know (40%) or are misinformed (36%) about the minimum down payment required\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nTo help correct these misunderstandings, let’s take a look at the latest \u003Cem>Ellie Mae\u003C\u002Fem> \u003Cem>\u003Ca href=\"http:\u002F\u002Fwww.elliemae.com\u002Forigination-insight-reports\u002FEllie_Mae_OIR_NOVEMBER2015.pdf\">Origination Insight Report\u003C\u002Fa>\u003C\u002Fem>\u003Cem>, \u003C\u002Fem>which focuses on recently closed (approved) loans\u003Cem>.\u003C\u002Fem>\r\n\u003Ch3>\u003Cstrong>FICO SCORES\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide1.jpg\" rel=\"attachment wp-att-32614\">\u003Cimg class=\"alignnone wp-image-32614\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide1.jpg\" alt=\"Average FICO Scores | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>BACK END DTI\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide2.jpg\" rel=\"attachment wp-att-32615\">\u003Cimg class=\"alignnone wp-image-32615\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide2.jpg\" alt=\"Average Back End Debt DTI | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>DOWN PAYMENTS\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide3.jpg\" rel=\"attachment wp-att-32616\">\u003Cimg class=\"alignnone wp-image-32616\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide3.jpg\" alt=\"Average Down Payment | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWhether buying your first home or moving up to your dream home, knowing your options will definitely make the mortgage process easier. Your dream home may already be within your reach.","\r\nWhether buying your first home or moving up to your dream home, knowing your options will definitely make the mortgage process easier. Your dream home may already be within your reach.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FSlide1.jpg",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2016-01-21T10:00:31Z","2016-01-14T14:26:58Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},477,"rents-still-skyrocketing","Rents Still Skyrocketing","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002F01161813\u002FRents-Skyrocketing.jpg","2016-01-20T10:00:24Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},479,"should-i-buy-now-or-wait-until-next-year-infographic","Should I Buy Now Or Wait Until Next Year? [INFOGRAPHIC]","https:\u002F\u002F\u002F","2016-01-22T10:00:16Z",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[48,52,53,57,61,65,69,70,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},6,"For Sellers","sellers",{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":80,"name":81,"slug":82},41,"For Sale by Owner","for-sale-by-owner",{"id":84,"name":85,"slug":86},42,"Featured","featured",{"id":88,"name":89,"slug":90},45,"New Construction","new-construction",{"id":92,"name":93,"slug":94},52,"Luxury \u002F Vacation","luxury--vacation",{"id":96,"name":97,"slug":98},53,"Rent vs. Buy","rent-vs-buy",{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]