Defaulted Student Loans and Mortgage Approval: FHA, VA, USDA, and Conventional
Borrowers cannot qualify for a mortgage with defaulted federal student loans until the student loans are out of default.
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Closing a Mortgage Under LLC: Loan Options and Transfer Rules
Is closing a mortgage under LLC possible? An LLC can get a mortgage if the loan program allows business entities…
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Buying a House Near an Apartment Community: Property Value, Financing, and Buyer Checks
Buying a house near an apartment community does not automatically lower its value or prevent mortgage approval. What matters is…
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Mortgage Guidelines Versus Overlays: Why One Lender May Approve You and Another Won’t
Mortgage guidelines versus overlays come down to who sets the requirement. Mortgage guidelines are the basic rules established by agencies…
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Social Security Income for Mortgage Qualification: Guidelines and Gross-Up Rules
Yes. You can use Social Security income for mortgage without employment income, provided your benefits and financial profile meet the…
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VA Cash-Out Refinance Mortgage Loans: Unlock Equity
How does a VA cash-out refinance work? A VA cash-out refinance replaces your current mortgage with a new VA-backed loan…
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NON-QM Loans | Bank Statement Loans | Doctor and Medical Professional Mortgages | No-Ratio Mortgage Loans | Videos
Non-QM Loan Requirements and Mortgage Options
The asset-depletion mortgage loan program benefits higher net worth individuals who do not have a regular steady income. Non-QM loans are becoming increasingly popular and benefit borrowers who need alternative nontraditional mortgage loan programs.
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Closing on Your New Home In 21 Days From Application To CTC
Closing on your new home in 21 days may be possible when the mortgage process starts with a complete application…
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VA Loan Co-Borrower Guidelines: Who Can Apply With a Veteran?
A veteran may apply for a VA loan with a spouse, another eligible Veteran, or, in some cases, a non-Veteran…
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Fraudulent Credit Card Charges: How To Dispute and Protect Your Credit
Fraudulent credit card charges can quickly create stress, especially when you do not recognize the merchant, the amount, or the…
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Non-QM and Bank Statement Portfolio Loans
In this guide, we will discuss and cover non-QM and bank statement portfolio loans for owner-occupant, second homes, and investment…
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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…
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Impact of FHA Guidelines on DTI and Student Loans
Struggling with student loan debt can often feel like attempting to run a marathon with a heavy backpack, particularly when…
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How Does FHA Define Family Member Co-Borrowers
This guide covers how does FHA define family member. In this blog post, we’ll explore FHA’s criteria for defining a…
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Bank Statement Loans for Self-Employed Borrowers
In this guide, we will discuss and cover bank statement loans for self-employed borrowers. Non-QM Loans and Bank Statement Loans…
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Upfront Mortgage Costs vs. Closing Costs: Key Differences
Why is the lender asking you to pay for an appraisal or credit report before you are fully approved? It…
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Traditional and Non-QM Mortgage Loan Programs
This article will cover traditional and non-QM mortgage programs for homebuyers and homeowners. The historically low mortgage rates fueling a…
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Mortgage Closing Process in Illinois on Home Purchases
The Complete Guide to the Mortgage Closing Process in Illinois: Everything You Need to Know Buying a home is one…
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Is Timeshare Foreclosure Considered Mortgage Foreclosure?
Gustan Cho Associates get a lot of calls from borrowers to ask is timeshare foreclosure considered mortgage foreclosure. The answer…
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Property Homeowners Insurance is Required By Lenders
Brent Norkus, an insurance agent for Goosehead Insurance covers property homeowners insurance in this extensive guide. Property homeowners insurance is…
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100% Unsecured Business Loans: A Comprehensive Look
Small business owners often need quick access to capital for payroll, inventory, marketing, equipment, expansion, or short-term cash flow needs….
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How Climate Change Affects Real Estate Prices & Home Values
Climate change has evolved beyond an environmental concern; it now directly impacts real estate, home insurance, and mortgage affordability. Homebuyers…
