Congratulations on your decision to buy a Lake Havasu home.  Our city offers so much for both visitors and residents.  Whether this will be your permanent home or a vacation getaway, Lake Havasu real estate makes a great investment.  When it comes to qualifying for a home, though, what do banks look for in Lake Havasu Buyers? What Banks Look for in Lake Havasu Buyers Financial, Work and Home Stability Banks take several factors into consideration when deciding whether Lake Havasu Buyers qualify for a mortgage.  First of all, you need to be show stability.  A strong work history with at least two years on your current job helps.  They also want to see that you have lived in one place for a significant amount of time.  Two years at your current address shows that you aren't hopping around from place to place.  It also indicates that you are more likely than not to set down roots.  A good credit score proves stability as well.  Besides, the higher your credit score, the lower interest … [Read more...]