What is DU Automated Approval per AUS FINDINGS
In this blog, we will cover and discuss what is DU automated approval on the automated underwriting system. A sound…
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Income And Employment | No-Ratio Mortgage Loans | NON-QM Loans | Qualifying & Getting Pre-approved | Videos
1099-Income versus W-2 Income Mortgage Guidelines
1099-Income versus W-2 Income: How It Affects Your Mortgage Approval When applying for a mortgage, the type of income you…
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Conventional Loan After a Short Sale: Avoid Costly Delays
Many borrowers think a short sale means they cannot buy another home with a conventional loan. That is not always…
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Automated Underwriting System | FHA Loans | Home Mortgages | Manual Underwriting | Mortgage Denial | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Applying for Mortgage with Another Lender When Denied
In this article, we will cover and discuss applying for mortgage with another lender when denied by the original lender….
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Home Mortgages | Conventional Loans | FHA Loans | First Time Home Buyers | Qualifying & Getting Pre-approved | Videos
How Do I Qualify for a Mortgage and Get Approved
This guide covers the frequently asked question how I qualify for a mortgage loan and get approved. Mortgage lenders do…
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Buyer Solutions to Multiple Offers on Home Purchase
Best Buyer Solutions to Multiple Offers on Home Purchase This guide covers buyers solutions to multiple offers on home purchase….
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Ready to Buy? Start Preparing for a Mortgage in Illinois Now
Preparing for a Mortgage in Illinois: Step-by-Step Guide for Homebuyers Buying a home is one of the biggest financial decisions…
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FHA Loans | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | NON-QM Loans | USDA Loans | VA Loans | Videos
Mortgage After Bankruptcy and Foreclosure
This guide covers mortgage after bankruptcy and foreclosure. If you’ve been through bankruptcy or foreclosure, you might feel like owning…
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Self-Employed Mortgage Loans When Banks Say No
Most guidelines require lenders to average the most recent two years of income to qualify applicants. Some programs allow borrowers with newer businesses if they have experience
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Reestablishing Credit After Bankruptcy for Mortgage Loan Approval
This guide covers reestablishing credit after bankruptcy and your step-by-step guide to homeownership. Going through bankruptcy is tough, but it…
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How to Get Approved for a Home Mortgage with Bad Credit
This guide covers qualifying for a home mortgage with bad credit. One of the frequently asked questions by our clients…
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Mortgage Rates | Headline News Archives | High Debt To Income Ratio | Mortgage Processing And Underwriting | Real Estate Topic | Refinancing | Videos
Overview of Mortgage Markets and Interest Rates
Mortgage Markets and Interest Rates: Complete Guide for Homebuyers and Homeowners This guide covers the mortgage markets and interest rates….
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Cannot Afford Mortgage Payments? Save Your Home
If you cannot afford mortgage payments, do not ignore the problem and hope it goes away. Failure to make a…
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Bad Credit Mortgages | FHA Loans | Mortgage With Late Payments | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Home Purchase with Bad Credit with Lender with No Overlays
Home purchase with bad credit is possible, but the path depends on your credit score, recent payment history, down payment,…
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Freddie Mac Cash-Out Refinance Guidelines
A Freddie Mac cash-out refinance can help you pull equity from your home, but the rules are not the same…
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Understanding FHA Mortgage Rates on Purchases & Refinance
Why is my FHA rate different from the rate I saw online? That is one of the most common questions…
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Home Mortgages | Conventional Loans | FHA Loans | Mortgage Lender Overlays | NON-QM Loans | USDA Loans | VA Loans | Videos
Mortgage Loan Programs with No Overlays and 30-Day Closing
In this guide, we will cover and discuss mortgage loan programs with no overlays and closing in 30 days. In…
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Mortgage Forbearance on the Rise: What It Means & What To Do
Seeing headlines about mortgage forbearance on the rise can scare any homeowner who is already stretched thin. Maybe your insurance…
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Mortgage Approval Conditions: What They Mean Before Clear to Close
The initial loan approval from the mortgage loan approval lists a set of conditions from the mortgage loan underwriter. Once the loan conditions are satisfied, the mortgage underwriter will issue will issue a clear to close.
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Can You Get Denied for a Mortgage With Good Credit?
A mortgage denial with good credit usually means another part of the loan file did not meet underwriting guidelines. A…
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Stop Student Loan Credit Reporting Errors Before Closing
Student loan credit reporting errors can stop a mortgage file before it gets to final approval. A late payment, incorrect…
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First-Time Home Buyers With Student Loan Debts
Many first-time home buyers with student loan debt worry that their student loan debt will prevent them from being approved…
