Unexpected Home Buyers Expenses Payment Shock
This guide covers unexpected home buyers expenses payment shock for borrowers. The American Dream is still owning your own home….
Comparison of Mortgage Rates on Purchase and Refinance
This guide covers comparison of mortgage rates on purchase and refinance loans. Mortgage rates have been steadily going up to…
Buying an Investment Property Using a Conventional Loan
This guide covers buying an investment property using a conventional loan. Buying an investment property using a conventional loan with…
VA Mortgage Loans In Arizona Eligibility Requirements
We will be covering qualifying and getting approved for VA mortgage loans in Arizona. Arizona is one of the most…
VA Loan With Prior Mortgage Included in Bankruptcy
In this blog, we will discuss and cover qualifying for a VA loan with prior mortgage included in bankruptcy. VA…
How to Get a Home Loan With No Credit
Many people have no credit score. This can make getting a mortgage to buy a home harder. However, it’s not impossible. You can re-establish credit after bankruptcy or other serious credit problems. And if you have no credit score at all, lenders can approve you with a non-traditional credit report.
What Is PMI on Conventional Loans
This guide covers what is PMI on conventional loans. What Is PMI? One of the most common questions I often…
Freddie Mac HomeOne Mortgage Loan Program
In this blog, we will cover the Freddie Mac HomeOne Mortgage Loan Program. Fannie Mae and Freddie Mac are the…
Purchase and Refinance Jumbo Loan Mortgage Options
This guide covers home purchase and refinance Jumbo loan mortgage loan options. There are traditional and non-qm jumbo loans for…
What Factors Affect Mortgage Rates Pricing on Home Loans
Lenders base each borrower’s credit scores as well as other risk factors when determining mortgage rates. The higher the risk of a borrower, the higher the rate. It is best for each borrower to maximize their credit scores and other layered risks to get the best mortgage rates.
Manual Underwriting | Compensating Factors | FHA Loans | High Debt To Income Ratio | VA Loans | Verification Of Rent | Videos
DTI Manual Underwriting Guidelines on FHA and VA Loans
The DTI Manual Underwriting Guidelines for FHA and VA loans are quite alike. Among home mortgage programs, only FHA and…
Is This The Year of the Housing Bubble?
Rumors are flying about a possible housing bubble in the US. Are they based in fact, or is this wishful thinking on the part of frustrated would-be buyers?
VA Loans Residual Income Guidelines For 2024
Lenders can offer 100% with no mortgage insurance at competitive low mortgage rates on VA loans due to the government guarantee against loss or foreclosure on VA loans. VA loans have no maximum debt-to-income ratio cap on VA loans.
How to Avoid Delays in Mortgage Loan Closings
This guide covers how to avoid delays in mortgage loan closings. When homebuyers enter a real estate purchase contract, the…
Qualifying For VA Mortgage After Prior VA Loan Foreclosure
This Article Is About Qualifying For VA Mortgage After Prior VA Loan Foreclosure For many veterans, a VA loan is…
Commercial Real Estate Purchase Using FHA Financing
In this blog, we will cover and discuss commercial real estate purchase using FHA financing. In the following paragraphs, we…
Bi-Weekly Mortgage Loan Payments Versus Monthly Payments
Transitioning from monthly to bi-weekly mortgage loan payments can be a strategic move for homeowners looking to expedite their mortgage…
1099 And Self Employed Borrowers Mortgage Guidelines
More and more people are choosing self-employment or contract work as their source of income. This trend means that mortgage…
Mortgage Case Scenarios of Borrowers With Bad Credit
This guide covers mortgage case scenarios of borrowers with bad credit and lower credit scores. If you have been following…
Mortgage Guidelines on Late Payments
This blog will discuss the mortgage guidelines on late payments in the past 12 months. Borrowers can qualify for home…
Appraisal Issues During Home Buying and Mortgage Process
In this blog, we will discuss and cover appraisal issues during the home buying and mortgage process. The word “appraisal”…
