How to Get the Lowest Mortgage Rates on Home Loans
Getting the lowest mortgage rate is not just about calling lenders and asking for today’s rate. The best mortgage pricing…
-
-
Illinois DPA Mortgage Programs For First Time Home Buyers
Buying a home in Illinois can feel out of reach when the down payment, closing costs, and moving expenses all…
-
Traditional and Non-QM Mortgage Loan Programs
This article will cover traditional and non-QM mortgage programs for homebuyers and homeowners. The historically low mortgage rates fueling a…
-
Conventional Loans | FHA Loans | Home Improvement/Renovations | NON-QM Loans | Refinancing | Verification of Employment | Videos
Cash-Out Refinance Mortgage Guidelines on Home Loans
A cash-out refinance mortgage allows homeowners to use the value they’ve built up in their house. It means getting a…
-
15-Year versus 30-Year Fixed-Rate Mortgages Comparison
This guide covers 15-year versus 30-year fixed rate mortgages on loan programs. All residential mortgage loan programs have amortized terms. …
-
Income And Employment | Gaps In Employment | Mortgage Processing And Underwriting | Verification of Employment | Videos
Changing Jobs During Mortgage Approval Process
Changing Jobs During Mortgage Approval Process: What You Need to Know Changing jobs during mortgage approval process can be a…
-
Documents Needed for a Mortgage: A Simple Buyer’s Checklist
Buying a home involves paperwork, and it can be frustrating when your lender asks for additional documents after you have…
-
Refinance Mortgage Guidelines: What You Need To Know
A refinance can lower your payment, shorten your loan term, remove mortgage insurance, or give you access to equity. But…
-
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…
-
Mortgage Lender Overlays | Automated Underwriting System | Home Mortgages | Manual Underwriting | Mortgage Processing And Underwriting | Videos
Overlays in Underwriting by Mortgage Lenders
This blog is about overlays in underwriting on government and conventional loans. The mortgage industry went through a major overhaul…
-
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…
-
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…
-
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….
-
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…
-
Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Regulations | Videos
Closing Costs on Loan Estimate versus Closing Disclosure
Closing costs on the loan estimate versus closing disclosure will most likely be different. The itemized closing costs on the…
-
Buying Townhouse versus Single-Family Homes
More and more homebuyers are gravitating towards a townhome purchase versus a single-family home during today’s booming housing market
-
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….
-
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…
-
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…
-
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
-
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…
-
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…
