Boarder Income Mortgage Guidelines
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Boarder Income Mortgage Guidelines You Need to Know Now

ByMike Gracz Posted on

Boarder Income Mortgage Guidelines for 2024: Boosting Your Income to Buy or Refinance a Home Are you wondering if the rent you collect from a roommate or boarder could help you qualify for a mortgage? With rising home prices, every bit of income can make a big difference. Let’s dive into how boarder income works…

First-Time Home Buyer Loan Programs
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Mortgage Process of First-Time Home Buyer Loan Programs

ByGustan Cho Posted on

This guide covers  the mortgage process of first-time home buyer loan programs. First-time home buyers have dominated the housing market for the last 10 years. All trends show this streak is likely to continue. Many first-time homebuyers are leery to enter the housing market due to misconceptions of the mortgage process. Many renters still think…

HomeReady Versus Home Possible
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HomeReady Versus Home Possible Mortgage Guidelines

ByAlex Carlucci Posted on

This article covers HomeReady versus Home Possible mortgage guidelines. Many homebuyers contact us at Gustan Cho Associates and want to know the difference between HomeReady versus Home Possible. HomeReady conventional loans are offered by Fannie Mae. Freddie Mac offers Home Possible conventional loans. There is no major difference between Fannie Mae’s HomeReady and Home Possible….