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…
First Mortgage Payment: When Is it Due?
When is your first mortgage payment due? Your first mortgage payment is due the first day of the first full…
Protect Your Loan Closing by Avoiding These Mistakes
Borrowers should avoid these things during the mortgage process so their home loan closes on time. Certain things that may be innocent and unintentional could delay the clear to close. Delays in the clear to close by the mortgage underwriter will delay the closing of the home loan.
Credit Scores Versus Credit History Mortgage Guidelines
This article covers Credit Scores Versus Credit History Mortgage Guidelines The Importance Of Mortgage Guidelines On Credit Scores Versus Credit…
FHA Bankruptcy Waiting Period and Mortgage Guidelines
This article covers FHA Bankruptcy Waiting Period And Mortgage Guidelines FHA Bankruptcy Waiting Period Explained Homebuyers can now qualify for…
Other Income To Qualify To Meet Debt To Income Ratio Caps
This article covers Other Income To Qualify To Meet Debt To Income Ratio Caps Income is probably the most important…
Refinance Mortgage Home Loan With Bad Credit For Homeowners
This guide covers refinancing with low(bad) credit scores and bad credit. Homeowners considering refinancing with low credit scores on their…
Mortgage Rates Steady As FEDS Announces It Will Not Raise Rates
This article cover mortgage rates steady as FEDS announces it will not raise rates There is no sign of a…
From the Ground Up: Building a Place Accessible to All
Every space where people spend time together should provide comfort and safety to each dweller, and most importantly to those with limited mobility and other impairments. Building a place that is accessible to all ensures that a person living with a disability lives an independent life, which improves his or her zeal for life.
How Mortgage Underwriters Analyze Credit History And Income
The ability to repay the new mortgage is very important. This is why mortgage underwriters are very strict in thoroughly reviewing the borrower’s prior credit history and want to make sure of their ability to repay the new mortgage payment.
How Mortgage Regulations Affect Home Buyers In 2021
It has been over a dozen years since the 2008 financial crisis. Skyrocketing home prices is no doubt scaring mortgage regulators of another potential housing bubble and crisis. However, strong extensive mortgage regulations were implemented to avoid another housing crash and mortgage crisis.
