Changing Lenders During The Mortgage Process
This guide covers changing lenders during the mortgage process. Is changing lenders during the mortgage process a good idea? You…
Best Florida VA Lenders With No Overlays on VA Loans
Not all Florida VA lenders have the same lending requirements on VA loans. Not all Florida VA lenders do manual…
VA Credit Score Mortgage Guidelines on VA Home Loans
This guide covers VA credit score mortgage guidelines on VA home loans. VA mortgages are the best home loan program…
Lender Overlays on Collection Accounts
This guide covers lender overlays on collection accounts and charge-off accounts. Homebuyers who have been turned down for a mortgage…
Choosing The Right Mortgage Company For Loan Officers
This guide covers choosing the right mortgage company for loan officers. Choosing the right mortgage company for loan officers is…
FHA Loans With 500 FICO Credit Score
HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required. Borrowers need a 580 credit score to qualify for an FHA loan with a 3.5% down payment.
What Are Common Lender Overlays on Government Mortgages
All mortgage companies need to have their borrower meet the minimum agency mortgage guidelines of HUD, VA, USDA, Fannie Mae, Freddie Mac. However, lenders can have higher lending requirements called lender overlays. Lender overlays are higher lending requirements that is above and beyond the minimum agency mortgage guidelines
Conditional Loan Approval | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Choosing Another Lender After Mortgage Application Denied
This guide covers how to choose another lender after a mortgage application denied. There are options for borrowers when mortgage…
FHA Debt-To-Income Ratio Requirements
This blog will cover FHA debt-to-income ratio requirements for FHA loans. Just because borrowers meet all the HUD Agency Mortgage…
Mortgage Processing And Underwriting | Compensating Factors | FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Verification Of Rent | Videos
Revised FHA Total Scorecard Underwriting Guidelines
This blog will cover the FHA Total Scorecard and how it works. The United States Department of Housing and Urban…
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…
Choosing The Right Lender To Get a Mortgage Loan Approval
In this blog, we will cover choosing the right lender for a mortgage loan approval. Choosing The Right Lender with…
Overlays With FHA Loans By Mortgage Lenders
This blog will cover overlays with FHA loans compared to HUD agency guidelines. FHA loans are the most popular home…
What Are Lender Overlays Versus Agency Mortgage Guidelines
In this blog, we will cover and discuss what are lender overlays versus mortgage agency guidelines of HUD, VA, USDA,…
What Are FHA Lender Overlays Imposed By Mortgage Lenders
In this blog, we will be covering what FHA lender overlays are. Lender overlays on FHA loans are additional mortgage…
Mortgage Guidelines Versus Overlays on Home Loans
In this blog, we will cover and discuss the difference between mortgage guidelines versus overlays on home loans. Many borrowers…
FHA Loans Versus Non-QM Loans for Bad Credit Borrowers
We will be comparing FHA loans versus non-QM loans for homebuyers with credit/income issues and have you fully understand the…
Finding Right Mortgage Lender When Buying A Home
In this blog, we will discuss and cover finding right mortgage lender when buying a home. Finding Right Mortgage Lender…
Common VA Overlays By Lenders Versus Agency Mortgage Guidelines
In this blog, we will discuss and cover the common VA overlays by lenders versus agency mortgage guidelines. Over 75%…
Bad Credit Home Loan With No Overlays & Low Credit Scores
In this blog, we will cover and discuss bad credit home loan with no overlays and low credit scores. Many…
