HUD 4000.1 FHA Handbook Revised For FHA Loans
This blog is a short-cut guide to the HUD 4000.1 FHA Handbook Revised For FHA Loans. The HUD 4000.1 FHA…
Subprime Loans and NON-QM Mortgage Guidelines
This guide covers subprime loans and non-QM mortgages. Borrowers who have bad credit or not enough income due to self-employment…
Chapter 13 Versus Chapter 7 Bankruptcy Mortgage Guidelines
In this blog, we will cover and discuss the mortgage guidelines Chapter 13 versus Chapter 7 Bankruptcy. Homebuyers qualifying for…
How Can I Qualify For W2-Only Income Mortgages
Homebuyers with pending income tax returns or significant unreimbursed business expenses may be eligible for W2-only income mortgages. Gustan Cho…
Experience With Homeowners Associations
This GUIDE covers the experience with homeowners associations. Have you ever wondered where your HOA fee goes every month or…
Understanding The VA Funding Fee and Closing Costs
In this blog, we will discuss and cover understanding the VA funding fee on VA loans. VA loans are the…
Mortgage Loan Programs With No Overlays and 30-Day Closing
In this blog, we will cover and discuss mortgage loan programs with no overlays and closing in 30 days. The…
Mortgage For Second Primary Residence Lending Guidelines
This guide covers mortgage for second primary residence lending guidelines. Many Americans have a current primary residence and are looking…
Buying Versus Renting a Home For First-Time Homebuyers
This guide covers buying versus renting a home for first-time homebuyers. One thing I have come to realize looking back,…
FHA Loans With Child Support Payments Mortgage Guidelines
This Article Is About FHA Loans With Child Support Payments Mortgage Guidelines. Securing approval for FHA loans when dealing with…
FHA Bankruptcy Waiting Periods After Chapters 7 And 13
This article is about FHA Bankruptcy waiting periods after Chapters 7 and 13. FHA Bankruptcy wqiting period requirements were release…
Buying or Refinancing After Forbearance Mortgage Guidelines
This BREAKING NEWS covers buying or refinancing after forbearance mortgage guidelines. Buying or refinancing after forbearance is a major concern…
How Underwriters View Overdrafts in Bank Statements
Most mortgage lenders typically disapprove of overdrafts in bank statements. The presence of overdrafts in bank statements is viewed negatively…
Homebuyers Buying Homes in The Suburbs Fleeing City Life
Data Show More Homebuyers Buying Homes In The Suburbs And Fleeing City Life. More city dwellers are fleeing the city and buying homes in the suburbs due to the high crime rate in the city due to the Black Lives Matter Movement and incompetent politicians.
The Pros and Cons of Conventional and FHA Loans
This guide covers the pros and cons of Conventional and FHA loans. The pros and cons of Conventional and FHA…
How Credit Card Balance Affect Debt-To-Income Ratio
This guide covers how credit card balance affect debt-to-income ratio for mortgage borrowers. We will discuss the negative impact how…
What Do Lenders Look in Bank Statements in Mortgage Process
This guide covers what do lenders look in bank statements during the mortgage process. Every mortgage lenders require borrowers to…
How Does FHA Define Family Member Co-Borrowers
This guide covers how does FHA define family member. In this blog post, we’ll explore FHA’s criteria for defining a…
How To Write Letter of Explanations To Mortgage Underwriters
In this blog, we will cover how to write a letter of explanation to mortgage underwriters. Borrowers planning on…
Everything You Need To Know About The Loan Estimate
In this blog, we will discuss and extensively cover everything you need to know about the loan estimate. The Loan…
Manual Underwriting Versus Automated Approval
This guide covers manual underwriting versus automated approval. There are two types of Automated Underwriting Systems (AUS): Fannie Mae’s Automated…
Fully Underwritten TBD Mortgage Approval As Pre-Approvals
In this blog, we will cover and discuss getting a fully underwritten TBD mortgage approval as pre-approvals. Fully Underwritten TBD…
