FHA Bankruptcy Waiting Periods After Chapters 7 And 13
This article is about FHA Bankruptcy waiting periods after Chapters 7 and 13. FHA Bankruptcy wqiting period requirements were release…
How Credit Card Balance Affect Debt-To-Income Ratio
This guide covers how credit card balance affect debt-to-income ratio for mortgage borrowers. We will discuss the negative impact how…
How To Write Letter of Explanations To Mortgage Underwriters
In this blog, we will cover how to write a letter of explanation to mortgage underwriters. Borrowers planning on applying…
Manual Underwriting Versus Automated Approval
This guide covers manual underwriting versus automated approval. There are two types of Automated Underwriting Systems (AUS): Fannie Mae’s Automated…
Mortgage Process Leading To Closing For Borrowers
This guide covers the mortgage process leading to closing for borrowers. The home buying and mortgage process leading to closing…
Freddie Mac Foreclosure Guidelines on Conventional Loans
This article covers Freddie Mac foreclosure guidelines on Conventional loans. Fannie Mae and Freddie Mac is the nations largest buyers…
Doctor and Medical Professional Mortgage Loans
Unlock Your Dream Home with Doctor and Medical Professional Mortgage Loans Are you a medical professional dreaming of buying your…
Compensating Factors on Manual Underwriting
Mortgage Underwriters will require one or more compensating factors for borrowers with higher debt to income ratio on manual underwrites to offset the risk of the higher DTI.
Getting a Mortgage With Student Loans
This guide covers getting a mortgage with student loans with high debt-to-income ratio. Getting a mortgage with student loans can…
Refer-Eligible Per Automated Underwriting System Findings
This article will cover and discuss refer-eligible per automated underwriting system findings. All mortgage loan applicants need to go through…
VA Late Payment After Bankruptcy Guidelines on VA Loans
This guide covers VA late payment after bankruptcy mortgage guidelines on VA loans. VA loans were created and implemented to…
Mortgage Rates After Bankruptcy
This guide covers mortgage rates after bankruptcy on government and conventional loans. There are loan level pricing adjustments (LLPA) charged…
How Long is a Pre-Approval Valid When Shopping For a Home
This guide cover how long is a pre-approval valid when shopping for a home. A pre-approval letter is a ticket…
How Credit Scores Affect Conventional Loans
This guide covers how credit scores affect conventional loans. Two of the most popular mortgage loan programs today are FHA…
How To Cancel PMI on Conventional Loans For Homeowners
This guide covers how to cancel PMI on conventional loans for homeowners. Mortgage insurance is required on FHA, USDA, and…
The Importance of Debt-To-Income Ratio in Mortgages
This guide covers the importance of debt-to-income ratio in mortgages. Borrowers need to keep in mind the importance of debt-to-income…
Written Payment Agreements With Creditors
This guide covers setting up written payment agreements with creditors and collection agencies so you can qualify and get pre-approved…
VA Loans During Chapter 7 Versus 13 Bankruptcy
In this blog, we will cover and discuss the agency mortgage guidelines from the U.S. Department of Veterans Affairs for…
How To Qualify For Veteran Administration Loans
This guide covers how to qualify for veteran administration loans with bad credit. Veteran Administration loans, also referred to as…
Automated Underwriting System | Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Videos
How Credit Repair Can Affect The Mortgage Process
This guide covers how credit repair can affect the mortgage process and cause a mortgage loan denial. There are several…
Home Mortgage After Forbearance Agency Guidelines
This guide covers qualifying for a home mortgage after forbearance. Borrowers can qualify for a home mortgage after forbearance. The…
First Payment After Closing For Mortgage Loan Borrowers
This guide covers the first payment after closing for mortgage loan borrowers. One of the most common questions new homebuyers…
