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…
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”…
First Time Home Buyers | Home Mortgages | Home Purchase | Qualifying & Getting Pre-approved | Videos
Is Homeownership The Best Way To Build Wealth?
This blog will cover how to build wealth by owning versus renting a home. We will show you how quickly…
Yield Spread Premium Charged By Mortgage Brokers
Mortgage brokers are paid a commission, referred to as Yield Spread Premium Explained, from wholesale mortgage lenders or end lenders,…
Self-Employed Mortgage Borrowers With No Income Tax Returns
In this guide, we will cover self-employed mortgage borrowers with no income tax returns required on a home purchase. Many…
High-Cost Guidelines On Government And Conventional Loans
In this blog, we will discuss and cover high-cost guidelines on government and conventional loans. Some states have high-cost rules….
Condominium Questionnaire For Condo Mortgage Loans
This guide covers condominium questionnaire on warrantable, non-warrantable, and condo hotel condominium units. Warrantable, non-Warrantable and condotel financing are a…
Indiana Police Hiring Fired Chicago Cops Due to Vaccine
This guide covers Indiana police hiring fired Chicago cops. This breaking news was updated on March 23rd, 2024. Breaking News:…
Non-QM Mortgage Lenders in Connecticut | Non-QM Loans
In this blog, we will cover and discuss qualifying with non-QM mortgage lenders in Connecticut for borrowers who cannot qualify…
Auto Loans | High Debt To Income Ratio | Home Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Videos
The Struggle of Car Loans During Mortgage Process
This guide cover the struggle of car loans during the mortgage process. Looking to buy a new car? Like most…
Mortgage After Bankruptcy and Foreclosure | FHA Loans | NON-QM Loans | Qualifying & Getting Pre-approved | Videos
Mortgage After Short Sales in Chicago FAQ and Answers
This guide covers approved mortgage after short sale in Chicago FAQ and answers. Ronda Butts covers getting approved for a…
Investment Property Loans | Non-QM, DSCR, No-Doc Mortgages
What Are The Eligibility Mortgage Guidelines On Investment Property Loans? Real estate investors can take advantage of the new non-QM and alternative loan programs for investment properties. Dozens of non-QM loan programs have been launched recently for real estate investors.
Loan Estimate Versus Closing Disclosure Closing Costs
Closing costs on the Loan Estimate versus Closing Disclosure will most likely be different. The itemized closing costs on the…
Bad Credit Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
How To Buy a House With Bad Credit
This guide covers how to buy a house with bad credit. Many folks assume you cannot get a mortgage loan…
FHA Loans With 500 FICO Credit Score
HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.
Manual Underwriting With Late Payments Mortgage Guidelines
Can You Qualify For Manual Underwriting With Late Payments? VA and FHA allow manual underwriting for borrowers who cannot get an approve/eligible per automated underwriting system.
No Waiting Period on Short Sale Mortgage Guidelines
This article cover no waiting period on short sale mortgage guidelines. For those who were homeowners during the economic meltdown…
VA Credit Dispute Guidelines During Mortgage Process
IIn this blog, we will discuss and cover VA credit dispute guidelines during the mortgage process. VA loans is hands…
Getting Approved For Home Loan in Community Property States
If you’re married and you buy a home in a community property state, you’ll face different rules for qualifying. Most of these rules come into play if you finance your home with a government-backed home loan like the FHA, VA or USDA programs.
How Does The Federal Reserve Affect Mortgage Rates
This guide on how does the federal reserve affect mortgage rates was updated on June 16, 2023. Dustin Dumetre of…
