If you are willing to buy a house, but out of the credit scores, you can apply for a mortgage loan. However, you must also have that particular fair amount of credit score to apply for the loan. Otherwise, the lenders will not allow you to get the loan in your first application. This article will discuss the tips to get approval for a home mortgage loan. Save Your Cash: First, you have to save cash to tackle unpredictable situations. Plus, you have to show the amount you have for making the application. Therefore, you must need a certain amount of money for the primary mortgage loan application. Know Your Credit Score: The essential part to count is to know about your credit score. When you go for the application, the first thing you have to show is the credit report to evaluate if you can repay the lending on time.  You may think you have higher scores on credit, but if it’s not calculated for a long time, it’s time you should get through it. You will require at least a good credit score, 500 to 680 or more, to apply for the mortgage loan.  You can also contact Houston credit repair to improve your credit scores. Pay All Your Debt: The fast you can be transparent with all your debts, the faster you can apply for a mortgage loan. If you still have some debts and the lender gets through the history, he may cancel your eligibility for the position.  Make sure your debts are not more than 36% of your monthly income. Then, if you can get back on track by repaying the debts, it will lower the overall debt ratio. And you will manage to have the mortgage.  Contact a Mortgage Lender: You can contact a reliable mortgage lender to get pre-approval of your loan. Discuss your financial status with him to get a primary idea about the possibility of getting the loan. He can also suggest to you what to do next to get the loan.  

Instead of working yourself into an early grave, consider investing in stocks that pay monthly dividends. Since your bills come monthly, you can structure your investments to pay you monthly. It is possible to get paid while you sleep, while you eat, while you live your life. Honestly, if you can’t figure out a way to make passive income around the clock, you will have to sacrifice your mind, body, and soul until the end of time. Here are steps you can take to make your money immortal:   Step 1: Make as much money as possible at your day job, side hustle, or entrepreneurship without burning out. Consider getting a commission sales job that pays unlimited income if your current job forces you to live pay check to pay check. If you don’t make at least 2 times your monthly expenses, it’s time to leave your job as soon as possible.   Step 2: Open a brokerage account to invest in stocks, etfs, and mutual funds. You could use brokerage apps like Robinhood, Stash, Acorns, but I prefer going through my bank. The benefit to opening a brokerage account at your bank is you will be able to see your checking account and brokerage account at the same time when you login to your bank profile. Plus, transferring money between your checking account and bank brokerage account is faster than using stock apps like Robinhood.   Step 3: Save 6 months of living expenses for a rainy, stormy day. You never know when you are going to get fired or when your car breaks down. Step 4: After you pay your monthly bills, throw the rest of your money into stocks, etfs, mutual funds that pay monthly dividends. Keep the mindset that cash is trash. Why? Because inflation will destroy the value of your money over time. Money in stagnation will die. When you invest your money, it has a chance of increasing in value, and if you’re smart with how you invest, you could get monthly dividends. It might take years, but when your monthly dividends exceed your monthly expenses, you can safely quit your job. One goal you can set is to keep working your day job until your monthly dividends reach at least $4,000 a month or higher. The goal is to get paid rather you want to work or not.   Step 5: Now it’s time to make your money immortal, meaning, buy the stocks one time (or repeatedly), and get paid monthly dividends for the rest of your life. Eventually you can pass it on to your children. Hence immortal money. Money that does not die. Don’t be afraid to adjust your monthly dividend stock portfolio periodically because all companies evolve for better or worse.  Here are 70 monthly paying dividend stocks we like:  AGNC INVESTMENT CORP  ALARIS ROYALTY CORP  ARMOUR RESIDENTIAL REIT  CROSS TIMBERS ROYALTY TR  DREAM INDL REAL ESTATE  DYNEX CAP INC  EXCHANGE INCOME CORP  ENERPLUS CORP  GLADSTONE INVESTMENT  GLADSTONE CAPITAL CORP  GLADSTONE COMMERCIAL  GLOBAL WATER RESOURCES  HORIZON TECHNOLOGY  INTER PIPELINE LTD  GLADSTONE LAND CORP  LTC PROPERTIES INC  MAIN STREET CAPITAL CORP  REALTY INCOME CORP  ORCHID ISLAND CAPITAL  OXFORD SQUARE CAP CORP  PEMBINA PIPELINE CORP  PENNANTPARK FLOATING  CHOICE PROPERTIES REIT  PERMROCK ROYALTY TR  PROSPECT CAPITAL CORP  PERMIANVILLE RTY TR  SABINE ROYALTY TRUST  SHAW COMMUNICATIONS  SAN JUAN BASIN RTY TR  STAG INDUSTRIAL INC  SOLAR SENIOR CAPITAL LTD  SUPERIOR PLUS CORP  TRANSALTA RENEWABLES INC  WHITESTONE REIT  GLOBAL SUPERDIVIDEND ETF  VANECK VECTORS TR ETF  VANGUARD TOTAL BOND ETF  WISDOMTREE HIGH DIV ETF  GLOBAL SUPERDIVIDEND ETF  GLOBAL X MSCI ETF  VANECK JPM EMRG MKTS ETF  VANECK VECTORS TR ETF  INVESCO TR II KBW ETF  FT VI MULTI ASSET ETF  OSHARES US QUALITY ETF  INVESCO TR II ETF  ISHS PFD & INCM SECS ETF  GLOBAL X FDS ETF  INVESCO TR II PFD ETF  GLOBAL X S&P 500 ETF  GLBL X MSCI SUPERDIV ETF  GLOBAL X SUPERDIVID ETF  SHARES 0-5 YR HIGH ETF  GLOBAL X SUPERINCOME ETF  INVESCO S&P 500 HIGH ETF  SPDR PORTFOLIO ETF  INVESCO S&P 500 LOW ETF  GLOBAL X ETF  GLOBAL X FDS ETF  BLACKROCK LIMITED  CORNERSTONE STRATEGIC  EAGLE POINT CREDIT CO  STONE HARBOR EMERG MKTS  STONE HARBOR EMRGNG MKTS  WELLS FARGO MULTI-SECTOR  ABERDEEN ASIA PAC INCOME  FIRST TRUST NEW OPPTYS  COHEN& STEERS MLP INCOME  OXFORD LANE CAPITAL CORP  REAVES UTILITY INCOME FD    Written By: Damien Demetri Blackwell