Mortgage Approval Process On Manual Underwriting
Mortgage Approval Process on Manual Underwriting: A Comprehensive Guide for 2024 The mortgage approval process can be overwhelming, especially with…
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FHA DTI Guidelines for Getting an Approve/Eligible Per AUS
First-time homebuyers, especially, may be easily overwhelmed by the complexities of purchasing a home. One of the most critical aspects…
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The Housing Shortage Facing The Midwest
This guide covers the housing shortage facing the Midwest. The housing shortage in the Midwest has impacted and affected homebuyers…
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Maryland FHA Lenders For Homebuyers With Bad Credit
The lending requirements on FHA loans are not the same for all Maryland FHA Lenders. There are two different categories…
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Chicago First Responders Homes For Heroes Mortgage Program
In this blog, we will cover and discuss Chicago First Responders Homes For Heroes Mortgage Program. We have can help…
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Conditional Loan Approval | Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Borrowers For Mortgage on Purchase and Refinance
This guide covers the process of qualifying borrowers for mortgage on home purchases and refinances. From the application stage to…
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Selling House in Bad Market
This guide covers selling house in bad market during period of high inflation and skyrocketing mortgage rates. Despite high mortgage…
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Home Loan With Declining And Irregular Income Mortgage Guidelines
This Article Is About Home Loan With Declining And Irregular Income Mortgage Guidelines. There are ways on how mortgage underwriters…
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Mortgage Protection Plans For Homeowners
This guide covers mortgage protection plans. The mortgage protection plan sets up a generational wealth plan and estate plan. The…
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Why Do Mortgage Lenders Ask For Reserves From Borrowers
When And Why Do Mortgage Lenders Ask For Reserves? On VA and FHA manual underwriting, one month’s reserves are required. Multi-family units require reserves by homebuyers.
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HUD CAIVRS Guidelines on FHA Loans
This article will explore the HUD CAIVRS Guidelines for FHA loans when obtaining a mortgage. Government-backed mortgage loans are an…
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Should I Use Fannie Mae or Freddie Mac For AUS
In this article, we’ll discuss about Should I Use Fannie Mae or Freddie Mac for Automated Underwriting Systems (AUS). There…
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Home Mortgages | Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Credit Score For Mortgage Used By Lenders
In this blog, we’ll explain the qualifying credit score that lenders use for mortgages. Mortgage underwriters determine this score by…
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How Underwriters View Unsourced Funds In Mortgage Process
This guide covers how underwriters view unsourced funds while analyzing and reviewing a borrower. Unsourced funds have no paper trail,…
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Working With A Loan Officer During The Mortgage Loan Process
In this blog, we’ll explore the process of working with a loan officer during your mortgage application. Choosing a loan…
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Solutions To High Debt To Income Ratios On Home Purchase
Gustan Cho Associates has no lender overlays on debt to income ratio on government and conventional loans. We just go off the agency caps on debt to income ratio no government and conventional loans.
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HUD Reserve Requirements and Guidelines on FHA Loans
HUD reserve requirements mandate maintaining reserves in specific scenarios, and it’s prudent for homeowners to voluntarily set aside funds for…
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How To Get Your Ex-Spouse Off Your Mortgage After a Divorce
In this blog post, we’ll explore how to remove your ex-spouse from your mortgage following a divorce. Despite the overall…
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What Is The Benefit of Buying a House in California Versus Other States
This guide covers the benefits of buying a house in California versus other states. California reached record home prices despite…
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How To Shop For a Mortgage In Today’s Housing Market
In this blog, we will cover and discuss how to shop for a mortgage in today’s housing market. Just over…
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FHA Work History Guidelines on Non-Traditional Jobs and Gaps
FHA Work History Guidelines: Can You Qualify with Gaps in Employment? If you’ve been dreaming of owning a home but…
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Buying a Home In Tennessee With Bad Credit and Low FICO
HUD oversees the Federal Housing Administration (FHA) and helps homebuyers in buying a home in Tennessee with bad credit and…
