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…
First Mortgage Payment: When Is it Due?
When is your first mortgage payment due? Your first mortgage payment is due the first day of the first full…
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.
Protect Your Loan Closing by Avoiding These Mistakes
Borrowers should avoid these things during the mortgage process so their home loan closes on time. Certain things that may be innocent and unintentional could delay the clear to close. Delays in the clear to close by the mortgage underwriter will delay the closing of the home loan.
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…
FHA Bankruptcy Waiting Period and Mortgage Guidelines
This article covers FHA Bankruptcy Waiting Period And Mortgage Guidelines FHA Bankruptcy Waiting Period Explained Homebuyers can now qualify for…
Other Income To Qualify To Meet Debt To Income Ratio Caps
This article covers Other Income To Qualify To Meet Debt To Income Ratio Caps Income is probably the most important…
Refinance Mortgage Home Loan With Bad Credit For Homeowners
This guide covers refinancing with low(bad) credit scores and bad credit. Homeowners considering refinancing with low credit scores on their…
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…
From the Ground Up: Building a Place Accessible to All
Every space where people spend time together should provide comfort and safety to each dweller, and most importantly to those with limited mobility and other impairments. Building a place that is accessible to all ensures that a person living with a disability lives an independent life, which improves his or her zeal for life.
How Mortgage Underwriters Analyze Credit History And Income
The ability to repay the new mortgage is very important. This is why mortgage underwriters are very strict in thoroughly reviewing the borrower’s prior credit history and want to make sure of their ability to repay the new mortgage payment.
How Mortgage Regulations Affect Home Buyers In 2021
It has been over a dozen years since the 2008 financial crisis. Skyrocketing home prices is no doubt scaring mortgage regulators of another potential housing bubble and crisis. However, strong extensive mortgage regulations were implemented to avoid another housing crash and mortgage crisis.
House Flipping Risks And Rewards Buying And Selling Flipped Homes
House Flippers are thriving. Many house flippers have lost their entire fortune in the 2008 housing crisis but are now enjoying the lucrative housing market. With the combination of the booming housing economy, low mortgage rates, the introduction of new non-QM loan programs for real estate investors, and the low inventory of housing, real estate investors are buying up any potential flip. This holds true even with a huge markup.
What’s it Like to Work With Sites Like LendingTree?
You’ve probably seen a few television ads promoting LendingTree or other mortgage lead sites. These sites promise to get you the best mortgage rate by making lenders compete for your business. But do they really deliver the lowest mortgage rates to consumers?
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.
Most Affordable States To Purchase Homes In 2021
This Article Is About The Most Affordable States To Purchase Homes In 2021 Home prices have been skyrocketing since 2013…
Home Loan With Tax Lien And Judgment Mortgage Guidelines
Every Mortgage Loan Program Has Its Own Agency Guidelines When It Comes To Qualifying For A Mortgage With An Outstanding Tax Lien And/Or Judgment
States With Highest Property Taxes For Homeowners
This Article Is About States With Highest Property Taxes For Homeowners States With Highest Property Taxes For Homeowners Many home…
The Tax Benefits of Investing in Real Estate Properties
This ARTICLE Is About The Tax Benefits of Investing in Real Estate Properties The Tax Benefits of Investing in Real…
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.
95% CLTV Jumbo Mortgage For High-End Home Purchases
Are There Any Mortgage Lenders That Offer 95% CLTV Jumbo Mortgages For High-End Home Purchases? Gustan Cho Associates are experts in helping buyers of high-end homes qualify for 95% CLTV Jumbo Mortgages for high-end properties.
Is Credit Repair Needed To Qualify For Mortgage Loans
Should I Repair My Credit Prior To Consulting With A Loan Officer To Qualify For A Home Loan? The answer is absolutely not. Credit repair can do more damage during the mortgage process than help. You cannot have credit disputes during the mortgage process on non-medical collections, charged-off accounts, and late payments. Retracting credit disputes can backfire and drop consumer credit scores.
