What is Considered Qualifying Income For Mortgage Loans
This guide covers the types of income that mortgage lenders consider qualifying income can use for mortgage loans. Not all…
HUD Guidelines on Multiple FHA Loans at Same Time
This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
Changing Lenders During Underwriting Process
This guide covers changing lenders during underwriting process before closing. The mortgage approval process does not have to be stressful…
Buying House While In Chapter 13 Bankruptcy
This blog post will explore Buying House While In Chapter 13 Bankruptcy. Chapter 13 Bankruptcy involves a structured five-year repayment…
Can I Have Two FHA Loans at The Same Time
This guide explains the requirements for obtaining two FHA loans at the same time. This is important information for those…
Can I Qualify For VA Loan With Under 620 Credit Scores
Gustan Cho Associates has no lender overlays on VA loans. VA loans do not have a minimum credit score requirement nor a maximum debt to income ratio cap as long as the borrower can get an approve/eligible per automated underwriting system.
How Underwriters Qualify Income To Approve Mortgage Loans
This guide covers how underwriters qualify income to approve mortgage loans. Many mortgage loan applicants do not have the role…
Conventional Loan With Non-Occupant Co-Borrower
This blog will cover Fannie Mae and Freddie Mac guidelines on qualifying for a conventional loan with non-occupant co-borrower. Non-Occupant…
VA Property Tax Exemption Guidelines on VA Home Loans
This article will discuss the guidelines for VA property tax exemption related to VA home loans. The VA has created…
Using Rapid Rescore in The Mortgage Process
This guide covers using rapid rescore in the mortgage process. What is a rapid rescore? It’s a service accessible only…
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…
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…
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…
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…
