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Dawn and her team truly changed our lives, we are so Thankful that we found her and that she put together such a great team to help us!
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Why Buyers Choose The Krause Team - Why homebuyers looking for a real estate agent in the Wildwood, Chesterfield and Saint Louis County area choose The Krause Team. Latest Listings - Get The Krause Team's latest Wildwood, Chesterfield and Saint Louis County listings of homes for sale first! Find Your Perfect Home - The Krause Team will search for your ideal home and email you the newest Wildwood, Chesterfield and Saint Louis County MLS listings of properties in St. Louis County MO. First Time Homebuyers - Are you a first time homebuyer in Wildwood, Chesterfield and Saint Louis County, MO? Choose a top real estate agent. The Krause Team can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Wildwood, Chesterfield and Saint Louis County house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Wildwood, Chesterfield and Saint Louis County Homes, For Home Buyers, For Home Sellers, Wildwood, Chesterfield and Saint Louis County Information, Real Estate Resources, and About The Krause Team. 
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Financing Your Home >Lenders Want to Say Yes
If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.
A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.
There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.
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| Q |
What document must lenders provide within three days of receiving your application for financing?
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| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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