Mortgage Loan With Bad Credit And Outstanding Collections
This Article Is About Qualifying For Mortgage Loan With Bad Credit Millions of Americans have been victims of the subprime…
How Federal Holidays Affect Mortgage Process For Borrowers
Federal Holidays can affect the mortgage process and the closing date of borrowers. Loan officers and processing staff need to realize the days of federal holidays they will lose during the mortgage process.
Removing Negative Items To Qualify For Mortgage
This Article Is About Removing Negative Items To Qualify For Mortgage Gustan Cho Associates are experts in advising borrowers in…
Second Home Guidelines And Requirements On Conventional Loans
This Article Is About Second Home Guidelines And Requirements On Conventional Loans Second-home financing is different than investment properties. Homebuyers…
Eviction Moratorium Not Extended By Congress Before Going On Break
This Article Is About The Eviction Moratorium Not Extended By Congress Before Going On Break August 2021 could be a…
How to Maximize Your Credit Scores
It is wise to maximize and boost your credit scores to get the best possible rate. Follow these tips to accomplish that.
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.
Where Are the Lowest Property Tax Rates?
Even if you have a fixed-rate mortgage, your monthly mortgage payment can change over time. That’s because most lenders include property taxes and homeowners insurance in the monthly payment, and those elements can change over time. Property values increase and tax rates can too.
Advice for Homebuyers
Buying a first home can be exciting, especially for first-time homebuyers. And it can also be a stressful process if you’re concerned about getting loan approval. It’s important to determine how much home you can afford before you go home shopping. And it will help you negotiate for your house if you have a pre-approved mortgage before you make an offer.
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…
Qualifying For Mortgage After Debt Settlement Versus Bankruptcy
Tens of thousands of consumers do everything in their power and avoid declaring bankruptcy because they think bankruptcy is the end of their credit life. This is not true. Many opt for debt settlement versus bankruptcy. However, many lenders treat debt settlement the same as bankruptcy. Other lenders treat debt settlement worse than bankruptcy.
HUD Derogatory Credit Guidelines On FHA Home Loans
If you have lower credit scores and multiple prior derogatory credit tradelines, FHA loans are your best bet to get an approve/eligible per automated underwriting system (AUS).
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…
Bad Credit Mortgage Loans Colorado With No Lender Overlays
Homes in Colorado are selling like hotcakes. Colorado has the hottest housing market in the nation due to its extremely low property tax rates. Most homes in Colorado are selling at least 10% above the list price.
Most Affordable States For Home Buyers To Purchase Home In 2021
Remote job positions enable homebuyers to purchase homes in other states. This is because remote wage earners no longer have to report to a brick-and-mortar location. Many people are fleeing high-taxed cities and states to lower-taxed states with affordable housing and lower cost of living.
Mortgage With Auto Loan And How It Affects Debt To Income Ratios
An auto loan can be a deal killer when it comes to getting qualified for a mortgage. The average monthly auto loan on a new car is $500 per month. $500 per month is equivalent to a $100,000 mortgage payment.
Best And Worst States For Home Buyers And Retirees
More and more individual taxpayers can now relocate and cross state lines to get more bang for the buck. More individual taxpayers are relocating to other states with lower state taxes and affordable housing.
How Credit Balance Impacts Credit Scores To Qualify For Mortgage
Borrowers Need To Realize How Credit Balance Impacts Credit Scores To Qualify For Mortgage: The key to getting a low mortgage rate is to maximize your credit scores prior to applying for a mortgage. It can simply be done by paying down your credit card balance to a 10% credit utilization ratio.
Mistakes Prior To Clear To Close To Avoid By Mortgage Borrowers
What Are The Typical Mistakes Prior To Clear To Close To Avoid By Mortgage Borrowers? You should not maximize your credit cards, purchase new furniture, buy a car, bounce any checks, or apply for new credit during the mortgage process prior to the clear to close.
Survival Of Small Businesses In Illinois After Democrats Gain Control
This Breaking News Article Is About The Survival Of Small Businesses In Illinois After Democrats Gain Control First-term rookie Illinois…
Home Purchase Offer With Contingencies By Buyers
This Article Is About Home Purchase Offer With Contingencies By Buyers Once home buyers have picked out the home that…
