Buying a Home From a Family Member With a Gift of Equity
This guide covers buying a home from a family member with no down payment or closing costs with a gift…
Financing Options For an Investment Home Purchase
This guide covers investmetn home pruchase mortgage guidelines. Investment home mortgage loans can be conventional or non-qm loans. Investment home…
Fannie Mae HomePath Mortgage Loans
This Article On Fannie Mae HomePath Mortgage Was PUBLISHED On May 10, 2024. Fannie Mae is now offering the Fannie…
Differences Of The FHA Back to Work Versus Other Loan Programs
This Article Is About FHA Back to Work Versus Other Loan Programs With traditional loans such a government loans and…
Home Purchase Versus Renting Home
This guide covers home purchase versus renting for homebuyers. There are many added benefits to a home purchase versus renting…
The Main Reasons For Foreclosures
This guide covers the reasons for foreclosures. The ability to repay is the most important factor lenders consider when approving…
How To Avoid Mortgage Denied By a Bank
Choosing the right lender with no lender overlays is the key on how to avoid mortgage denial
Rapid Rescore During Mortgage Process And How It Works
In this blog post, we will discuss the concept and procedure of rapid rescore during mortgage process. Consumer credit profiles are…
Fannie Mae vs HUD Guidelines Mortgage in Bankruptcy
If you have a mortgage included in a bankruptcy, the waiting period guidelines are more favorable on conventional versus FHA loans
Why Underwriters Issue Denials
This guide covers why underwriters issue denials on mortgage loans. The mortgage process should not be a stressful process and…
Adding Non-Occupied Co-Borrower With High DTI
This Article Is About Non-Occupied Co-Borrower Can Be Added To Borrower With High DTI A large percentage of mortgage borrowers…
VA AUS Approval With Low Credit Scores and High DTI
In this article, we will discuss VA AUS approval versus manual underwriting on VA loans. VA loans are the best…
Earnest Money on Home Purchase Transaction
This guide covers what is earnest money on home purchase. Earnest money is a deposit a homebuyer submits with the…
HUD Waiting Period Guidelines After Chapter 13 on FHA Loans
In this blog, we will discuss and cover HUD waiting period guidelines after Chapter 13 on FHA loans. Why is…
Using FHA Loans For Self-Employed Borrowers to Buy a Home
In this blog, we will discuss and cover using FHA loans for self-employed borrowers on a home purchase. Using FHA…
Do All Lenders Have The Same Guidelines on Mortgage Loans
In this article, we will be covering the topic on are all mortgage lenders the same. Choosing the right mortgage…
Identity Theft Process During The Mortgage
This guide covers identity theft process during mortgage application process. Identity theft process is one of the fastest growing crimes…
Credit Scores and Mortgage Rates versus Pricing Adjustments
This guide covers credit scores and mortgage rates versus pricing adjustments. Credit scores and mortgage rates go side by side….
Using 401k To Purchase Home Down Payment
Many homebuyers have substantial value on their 401k. They can use up to 60% of the value of their 401k for their down payment and/or closing costs on their home purchase. The amount used from their 401k is not used for their debt to income ratio calculations.
Housing Demand Strong Despite Highest Mortgage Rates
This guide covers housing demand strong despite highest mortgage rates and surging inflation numbers. Home sales throughout the United States…
Correspondent Lending Versus Mortgage Brokers
This blog aims to explore the difference between correspondent lending and mortgage brokers. A common inquiry we receive regularly pertains…
