Using Property Tax Prorations For Down Payment on a House
This blog post will explore the revised mortgage guidelines on Using Property Tax Prorations For Down Payment on a House….
Fannie Mae Collection Guidelines on Conventional Loans
This blog will cover Fannie Mae Collection Guidelines on Conventional loans. Fannie Mae and Freddie Mac are the two mortgage…
Mortgage Approval For Home Purchase on Acreage in 2024
In this blog, we will cover and discuss qualifying and getting a mortgage approval for home purchase on acreage in…
Canceling a Real Estate Purchase Contract Transaction
This guide covers canceling a real estate purchase contract transaction. A real estate purchase contract is a legally binding agreement…
FHA Loan During Chapter 13 Bankruptcy in Arizona
In this article, we will discuss and cover qualifying for an FHA loan during Chapter 13 Bankruptcy in Arizona. Not…
Extenuating Circumstances Guidelines on Home Loans
Many agency guidelines list extenuating circumstances as reasons for getting qualified for a mortgage when otherwise they would not qualify. However, borrowers need to understand
Qualifying For a Mortgage Downsizing To a Smaller Home
This guide covers qualifying for a home loan downsizing to a smaller home. It makes no sense in having a…
Bad Credit Mortgage Loans Alabama With 530 FICO
In this article, we will discuss and cover homebuyers qualifying for bad credit mortgage loans Alabama. Qualifying for bad credit…
Can I Have Two FHA Loans Due To Expanding Family Size?
This guide addresses common inquiries regarding the possibility of maintaining two FHA loans due to expanding family size. Typically, individuals…
Types of Homes Eligible With Residential Loans
This ARTICLE cover the types of homes eligible with residential loans. Government loans are for owner occupant one to four-unit…
Reasons For Last-Minute Mortgage Denial From Underwriters
There is no reason why a pre-approved borrower should ever get a last-minute mortgage denial by a mortgage underwriter. The main reason why borrowers get a last-minute mortgage
Modular Homes Mortgage Guidelines For Homebuyers
This guide covers modular homes mortgage guidelines on purchase and refinance transactions. Modular homes are becoming more and more popular…
Income-Based Repayment Student Loan Mortgage Guidelines
This guide aims to understand Income-Based Repayment Student Loan Mortgage Guidelines clearly. The daunting task of outstanding student loans presents…
Reasons Why Hiring Realtor on Home Purchase is Important
This article covers reasons why hiring realtor on home purchase is important. Getting hooked up with the right real estate…
Things That Can Delay Your Mortgage Loan Closing
This guide covers things that can delay your mortgage loan closing. A mortgage loan should be able to close in…
Fannie Mae Chapter 13 Dismissal Guidelines
In this blog, we will cover the Fannie Mae Chapter 13 dismissal guidelines on conventional loans. One of the most…
FHA MIP Versus Conventional PMI For Mortgage Borrowers
This guide covers FHA MIP versus conventional PMI for mortgage borrowers. Mortgage Insurance is mandatory on all FHA loans and…
HUD Guidelines versus Lender Overlays on FHA Loans
This guide covers HUD guidelines versus lender overlays on FHA loans. There have been notable changes for HUD guidelines versus…
Credit Score Changes During Underwriting Process
Your mortgage lender checks your credit when you apply for a home loan. Your credit score determines your mortgage rate and also if you qualify for a loan.
Preparing For a VA Loan With a Lender With No Overlays
This guide covers preparing for a VA loan with a lender with no overlays. Preparing for a VA loan with…
Self-Employed Mortgage With One-Year Tax Returns
Self-employed borrowers are now eligible to get an approve/eligible per automated underwriting system with one-year income tax returns.
