Mortgage With Late Payments After Bankruptcy And Foreclosure
Home loans are still available to borrowers with collections, charged-off accounts, or late payments. Lenders are generally willing to approve…
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…
Mortgage Conditions By Underwriters On Conditional Approval
In this article, we will discuss and cover mortgage conditions by underwriters on conditional loan approvals. Once the mortgage loan…
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…
Training a New Mortgage Loan Officer Without Any Experience
This blog explores the process of training a new mortgage loan officer, particularly those without prior experience. Gustan Cho Associates…
Sacramento California Home Purchase With Bad Credit
This guide covers Sacramento California home purchase with bad credit and credit scores down to 500 FICO. Sacramento is the…
Qualifying For Mortgage With Collection Accounts Guidelines
In this blog, we will cover and discuss qualifying for mortgage with collection accounts guidelines. Homebuyers can qualify for a…
Home Loan Without Spouse Mortgage Guidelines
This guide covers qualifying for a home loan without spouse mortgage guidelines. There are many reasons why home buyers want…
Manual Underwriting | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Manual Underwriting With Extenuating Circumstances
In this article, we will be discussing and covering manual underwriting with extenuating circumstances and going over some common case…
Unexpected Home Buyers Expenses Payment Shock
This guide covers unexpected home buyers expenses payment shock for borrowers. The American Dream is still owning your own home….
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…
Manual Downgrade From AUS Approval on FHA Loans
In this blog, we will discuss and cover the manual downgrade from AUS approval on FHA loans. Manual Downgrade From…
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
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,…
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…
Comparison of Mortgage Rates on Purchase and Refinance
This guide covers comparison of mortgage rates on purchase and refinance loans. Mortgage rates have been steadily going up to…
Buying an Investment Property Using a Conventional Loan
This guide covers buying an investment property using a conventional loan. Buying an investment property using a conventional loan with…
Home Inspection Before Starting The Mortgage Process
This guide covers home inspection before proceeding with the mortgage process. A home inspection is an inspection of a home…
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…
