Mortgage Payment Shock: How It Affects Loan Approval
Payment shock can contribute to mortgage denial, but a large increase in housing expenses does not automatically disqualify a borrower….
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Mortgage QC Review Prior Clear to Close: What to Expect
A mortgage QC review prior clear to close is an additional check of selected loan information before closing or funding….
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Credit Score Changes During Underwriting Process: What Happens Before Closing
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.
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How to Turn Refer Into Approve-Eligible in AUS
How To Get Refer To Approve-Eligible Per AUS To Qualify For Mortgage: There are ways of trying to get a refer/eligible findings to an approve/eligible per automated underwriting system.
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Fannie Mae Guidelines on Timeshare Foreclosure and Mortgage Approval
Fannie Mae guidelines on timeshare foreclosure do not require borrowers to complete the standard foreclosure waiting period that applies to…
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Buying a Home Near Railroad Tracks: What Buyers Should Check
Buying a home near railroad tracks is not automatically a bad investment or a deal-breaker for a mortgage. The important…
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NON-QM Loans | FHA 203k Loan | Fix-and-Flip Mortgage Loans | Hard Money Loans | Home Improvement/Renovations | Home Purchase | House Flipping | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
Fix-and-Flip Mortgage: Loan Guidelines for Investors
Fix-and-Flip Mortgage Guidelines: Loans for Real Estate Investors A Fix-and-Flip Mortgage is short-term financing designed primarily for real estate investors…
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Bad Credit Mortgages | Credit Disputes | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
How Credit Balance Impacts Credit Scores for Mortgage Approval
Borrowers Need To Realize How Credit Balance Impacts Credit Scores To Qualify For Mortgage: The key to getting a low mortgage rate is to maximize your credit scores prior to applying for a mortgage. It can simply be done by paying down your credit card balance to a 10% credit utilization ratio.
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How Credit Card Balances Affect Debt-to-Income Ratio for a Mortgage
How does a credit card balance affect the debt-to-income ratio? How credit card balance affects debt-to-income ratio depends mainly on…
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Manual Underwriting | Automated Underwriting System | Compensating Factors | FHA Loans | First Time Home Buyers | High Debt To Income Ratio | Videos
HUD Manual Underwriting DTI Guidelines: Your Approval Guide
HUD Manual Underwriting DTI Guidelines for FHA Loans: 2026 Approval Guide Getting a Refer result from an automated underwriting system…
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Conventional Loans | FHA Loans | Investment Homes | NON-QM Loans | Qualifying & Getting Pre-approved | Real Estate Topic | Selling Your Home | Videos
Buying a New Primary Residence While Renting Out Your Current Home
Buying a Second Primary Home While Renting Your Current Home You can buy a new primary residence and keep your…
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Videos | Credit Scores | Manual Underwriting | Mortgage Lender Overlays | Qualifying & Getting Pre-approved | Re-Establishing Credit
Credit Score Mortgage Guidelines for Home Loans
Credit Score Mortgage Guidelines for FHA, VA, USDA, and Conventional Loans This guide covers credit score mortgage guidelines for FHA,…
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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.
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Buying a House With a New Job or Employment Gap: Mortgage Guidelines
This guide covers mortgage guidelines for buying a new house when starting a new job or facing an employment gap….
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Mortgage After Retirement: How Retirees Can Qualify
Getting a mortgage after retirement involves qualifying based on income, assets, and credit, even if those come from retirement. Many…
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How to Get a Mortgage With Short Employment History
A two-year employment history does not necessarily mean two consecutive years at the same job. You can have gaps in employment and/or multiple jobs in the most recent two years and still qualify for mortgage approval. In some cases, you can qualify for a mortgage with 12 months employment history.
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Home Mortgages | First Time Home Buyers | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
How to Prepare for a Mortgage: First-Time Homebuyer Guide
This guide covers how to prepare for a mortgage as a first-time homebuyer. The best way to prepare for a…
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Mortgage After Bankruptcy and Foreclosure | Conventional Loans | Manual Underwriting | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit
Conventional Loan After Chapter 13 Bankruptcy: Waiting Periods and Guidelines
Timing for Conventional Loans After Chapter 13 Bankruptcy A conventional loan may be obtained after a Chapter 13 bankruptcy; however,…
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3 Percent Down Payment Conventional Loan Requirements
What Are The 3% Down Payment Conventional Loan Requirements And Guidelines? Fannie Mae and Freddie Mac allow a 3% down payment on conventional loans for first-time homebuyers. A first-time homebuyer is a buyer who had no ownership of a home in the past three years.
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Mortgage After Bankruptcy and Foreclosure | Manual Underwriting | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
FHA Bankruptcy Waiting Period and Mortgage Guidelines
FHA Bankruptcy Waiting Period: Chapter 7 and Chapter 13 Guidelines The waiting period for an FHA loan after bankruptcy depends…
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Conforming Down Payment Guidelines for Homebuyers
Conforming down payment guidelines vary by occupancy, property type, number of units, loan program, and automated underwriting findings. There may…
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Mortgage After Bankruptcy and Foreclosure | FHA Loans | Manual Underwriting | Verification Of Rent | Videos
FHA Chapter 13 Bankruptcy Manual Underwriting Guidelines
Borrowers in Chapter 13 bankruptcy may still be eligible to buy or refinance a home with an FHA loan. FHA…
