Navigating today's mortgage market

Part 1 of 2: Loan approval tougher for prime borrowers, self-employed

(This is Part 1 of a two-part series. Read Part 2, “Avoid these real estate deal killers.”)

You have a buyer purchasing a high-quality new home with 20 percent down, excellent credit and fully documented income, including two years of documented tax returns — it’s a no-brainer on getting loan approval.