Understanding FHA Guidelines On Credit Scores Versus DTI
Borrowers who have credit scores under 620 FICO need a lower debt to income ratio to get an approve/eligible per automated underwriting system.
VA Cash-Out Guidelines: Save Big on Your Refinance
The Department of Veterans Affairs has lowered the maximum loan to value on cash-out refinance VA loans from 100% LTV to 90% LTV. This was brought on by the VA due to the booming housing market nationwide. HUD, the parent of FHA, also lowered the cash-out loan to value on FHA loans from 85% to 80% LTV.
Condo Living: The Ultimate Guide to a Thriving Lifestyle
Are you new to condo living? Or thinking about getting a condo for your family because of a job move?…
NON-QM 95% LTV Debt-Consolidation Refinance Made Easy
Are you feeling overwhelmed managing several debt payments every month? If your home doesn’t hold much value but you’re looking…
FHA Chapter 13 Guidelines in Maryland on FHA Loans
In this blog, we will discuss the rules for getting an FHA loan in Maryland when paying back debt under…
FHA Appraisal Guidelines and Property Checklists
In this guide, we’ll explain everything you need to know about FHA appraisal guidelines and what your home needs to…
NON-QM Cash-Out Refinance Mortgage Guidelines
Want to know about Non-QM cash-out refinance mortgage? If you’re a homeowner who wants to use your home’s value to…
Understanding FHA Cashout Refinance Mortgage Loans in 2024
Today, an FHA cashout refinance mortgage loan can be a great option if you own a home and want…
Cash-Out Refinance Mortgage Guidelines on Home Loans
A cash-out refinance mortgage allows homeowners to use the value they’ve built up in their house. It means getting a…
Jumbo Mortgages For Self-Employed Borrowers
Are you looking for a big loan while running your own business? You’re in the right spot. Getting a big…
Conventional Loans Versus FHA Loans: Which One is Best?
If you’re considering buying a house and need a loan, getting the lowdown on the main types of loans is…
NON-QM Loans After Bankruptcy And Foreclosure
Many people reestablish themselves sooner than others after bankruptcy and foreclosure. These folks can qualify for a mortgage sooner than the mandatory waiting period on government and conventional loans. Gustan Cho Associates has non-QM loans one day out of bankruptcy and foreclosure with a 30% down payment.
Starting Mortgage Net Branch: A Comprehensive Guide for 2024
Starting Mortgage Net Branches Starting a mortgage net branch is a great career step for loan officers who are already…
Can You Become A Loan Officer With Bad Credit?
A career that helps people acquire their dream homes. Have you ever considered that? Being a mortgage loan officer is…
Mortgage Guidelines After High School Without Experience
Buying a home represents a significant achievement in one’s life that many high school graduates might view as somewhat of…
Buying Foreclosure With FHA 203k Renovation Loans
Buying foreclosure can be a smart move if you want to own a property for less than its market rate….
Buying A Home In A Sellers Market With Bad Credit
Navigating a Seller’s Market When Buying a Home When you are interested in buying a home in a sellers market,…
Buying House On Main Road and Resale Its Value
Thinking about buying house on main road requires careful consideration of various aspects. This choice can significantly affect your everyday…
TSAHC DPA Mortgage For Texas Homebuyers
Comprehensive Guide to TSAHC DPA Mortgage Program for Texas Homebuyers Exciting news for everyone looking to buy a home in…
What Is Required on a Non-Occupying Co-Borrower
When it comes to getting home loans, buyers sometimes need extra support to qualify for their dream home. This is…
Mortgage With a Recent Eviction: The Expert Guide
Is it possible to get a mortgage with a recent eviction? It’s a common worry – can someone get a…
