Owner Financing On Home Purchase For Buyers And Sellers
This article covers Owner Financing On Home Purchase For Buyers And Sellers Owner financing is a great option for homebuyers…
DIY Tips for Homeowners on Home Improvements
This article covers DIY Tips For Homeowners On Home Improvements Good Morning world and happy Friday to all of you….
Disputing Derogatory Credit During Mortgage Approval Process
You cannot dispute derogatory credit tradelines during the mortgage process unless they are exempt from retraction. Any non-exempt credit disputes will suspend and halt the mortgage process.
FHA Loan Credit Guidelines Versus Lender Overlays
This Article Is About FHA Loan Credit Guidelines Versus Lender Overlays The U.S. Department of Housing and Urban Development (HUD),…
What Do Mortgage Lenders Want To See In A Borrower?
This Article Is About What Do Mortgage Lenders Want To See In A Borrower The number one concern lenders have…
How Regulation Changed the Mortgage Approval Process
Lenders are really strict and can nit-pick during the mortgage process due to tough mortgage regulations. Mortgage regulators can fine lenders. If lenders do not follow mortgage regulations, the mortgage loans the lender closes, and funds may not be able to get sold on the secondary market.
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…
Condo Versus Home Purchase Mortgage Guidelines
Condos are becoming very popular for millennials, young busy professionals, and the elderly. However, lending standards are tougher on condos versus single-family homes.
How To Prevent Mortgage Default With Loss Of Employment
This Article Is About How To Prevent Mortgage Default With Loss Of Employment Mortgage lenders will work with homeowners who…
HUD FHA 203k Renovation Guidelines On Home Improvement Loans
This ARTICLE On HUD FHA 203k Renovation Guidelines On Home Improvement Loans Home values are appreciating nationwide. Both HUD and…
Undisclosed Debt Guidelines On Government And Conventional Loans
Most undisclosed debts will be discovered by lenders during a third-party national search of public records.
Home Loan With High DTI And Bad Credit Guidelines
Most lenders have a debt to income ratio cap on government and conventional loans. Lenders need to meet the minimum debt to income ratio caps. However, lenders can have their own DTI caps which is lower than the agency guidelines as part of their DTI lender overlays
FHA Investor Overlays Versus HUD Agency Mortgage Guidelines
This Article Is About FHA Investor Overlays Versus HUD Agency Mortgage Guidelines: It is very important to understand the difference…
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS: There are ways and tricks of the trade to get an approve eligible per automated underwriting system on conventional loans.
Qualifying For Home Loans With Deficiency Judgments
Homebuyers can qualify for a mortgage loan as long as they have a written payment agreement with the judgment creditor and have made three timely payments. Or they can negotiate a settled amount with the judgment creditor and pay it at or prior to closing.
Mortgage Rates Are Still At Historic Lows On Purchase And Refinance
This Article Is About Mortgage Rates Are Still At Historic Lows On Purchase And Refinance: The Dow Jones Industrials have…
HUD FHA 203h Mortgage Guidelines For Disaster Victims
This Article Is About HUD FHA 203h Mortgage Guidelines For Disaster Victims: Housing and Urban Development is the parent of…
Benefits of Buying Newer Homes Versus Older Homes
This Article Covers The Benefits of Buying Newer Homes Versus Older Homes: Buying a newer home, especially a new construction…
Rising Housing Market Advice For Home Buyers With Limited Budget
The housing market has skyrocketed where many homebuyers are priced out of buying a home. Many homebuyers are leaving their state to other states with affordable housing to realize their dream of homeownership become a reality.
Today’s Mortgage Rates and Lock Recommendation
Check here daily for mortgage rates and lock recommendations. You’ll see what economic data and financial reports are affecting today’s mortgage rates before choosing to lock or float your mortgage interest rate.
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.
Alternative To Foreclosure When Cannot Afford Mortgage
This article covers options for homeowners on alternative to foreclosure when homeowners cannot afford mortgage payments: There are instances when…
