How Do Underwriters View Charge Off Accounts With Balances
This Article Is About How Do Underwriters View Charge Off Accounts With Balances Home Buyers Can Now Qualify Mortgages With…
Debt Versus Credit Scores During Mortgage Qualification
This Article Is About Debt Versus Credit Scores During Mortgage Qualification There is a negative impact on debt versus credit…
Mortgage Insurance Premium On NON-QM Mortgage Loans
This Article Is About Mortgage Insurance Premium On NON-QM Mortgage Loans Lenders will require a mortgage insurance premium on borrowers…
Jumbo Loans After Foreclosure With No Waiting Period Requirements
This ARTICLE Is About Jumbo Loans After Foreclosure With No Waiting Period Requirements The U.S. Housing Market is booming in…
FHA Automated Findings With Low Credit Scores And High DTI
This Article Is About FHA Automated Findings With Low Credit Scores And High DTI It will be much more difficult…
DIY Tips for Homeowners on Home Improvements
This article covers DIY Tips For Homeowners On Home Improvements Good Morning world and happy Friday to all of you….
Disputing Derogatory Credit During Mortgage Approval Process
You cannot dispute derogatory credit tradelines during the mortgage process unless they are exempt from retraction. Any non-exempt credit disputes will suspend and halt the mortgage process.
FHA Loan Credit Guidelines Versus Lender Overlays
This Article Is About FHA Loan Credit Guidelines Versus Lender Overlays The U.S. Department of Housing and Urban Development (HUD),…
What Do Mortgage Lenders Want To See In A Borrower?
This Article Is About What Do Mortgage Lenders Want To See In A Borrower The number one concern lenders have…
Condo Versus Home Purchase Mortgage Guidelines
Condos are becoming very popular for millennials, young busy professionals, and the elderly. However, lending standards are tougher on condos versus single-family homes.
How To Prevent Mortgage Default With Loss Of Employment
This Article Is About How To Prevent Mortgage Default With Loss Of Employment Mortgage lenders will work with homeowners who…
HUD FHA 203k Renovation Guidelines On Home Improvement Loans
This ARTICLE On HUD FHA 203k Renovation Guidelines On Home Improvement Loans Home values are appreciating nationwide. Both HUD and…
Home Loan With High DTI And Bad Credit Guidelines
Most lenders have a debt to income ratio cap on government and conventional loans. Lenders need to meet the minimum debt to income ratio caps. However, lenders can have their own DTI caps which is lower than the agency guidelines as part of their DTI lender overlays
FHA Investor Overlays Versus HUD Agency Mortgage Guidelines
This Article Is About FHA Investor Overlays Versus HUD Agency Mortgage Guidelines: It is very important to understand the difference…
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS: There are ways and tricks of the trade to get an approve eligible per automated underwriting system on conventional loans.
Qualifying For Home Loans With Deficiency Judgments
Homebuyers can qualify for a mortgage loan as long as they have a written payment agreement with the judgment creditor and have made three timely payments. Or they can negotiate a settled amount with the judgment creditor and pay it at or prior to closing.
Mortgage Rates Are Still At Historic Lows On Purchase And Refinance
This Article Is About Mortgage Rates Are Still At Historic Lows On Purchase And Refinance: The Dow Jones Industrials have…
HUD FHA 203h Mortgage Guidelines For Disaster Victims
This Article Is About HUD FHA 203h Mortgage Guidelines For Disaster Victims: Housing and Urban Development is the parent of…
Rising Housing Market Advice For Home Buyers With Limited Budget
The housing market has skyrocketed where many homebuyers are priced out of buying a home. Many homebuyers are leaving their state to other states with affordable housing to realize their dream of homeownership become a reality.
Today’s Mortgage Rates and Lock Recommendation
Check here daily for mortgage rates and lock recommendations. You’ll see what economic data and financial reports are affecting today’s mortgage rates before choosing to lock or float your mortgage interest rate.
What’s Worse: Foreclosure or Bankruptcy?
Bankruptcy and foreclosure both damage your credit and can make it difficult or impossible to buy or refinance a home. But one is worse than the other.
Alternative To Foreclosure When Cannot Afford Mortgage
This article covers options for homeowners on alternative to foreclosure when homeowners cannot afford mortgage payments: There are instances when…
