VA Mortgage Process: From Preapproval to Closing
The VA mortgage process begins with confirming eligibility and obtaining a Certificate of Eligibility, followed by loan preapproval, finding a…
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Changes in Credit Report During Mortgage Process
This guide covers changes in credit report during mortgage process. Credit scores and debt-to-income ratios determine whether borrowers qualify for…
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FHA and VA Streamline Refinance | Mortgage Processing And Underwriting | Mortgage Refinance | Videos
Refinance Mortgage Home Loan with Bad Credit
This guide covers refinance mortgage home loan with bad credit. Homeowners considering refinancing with low credit scores on their home…
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Income And Employment | Bank Statement Loans | Gaps In Employment | Mortgage Processing And Underwriting | Videos
Mortgage For Self-Employed Versus W-2 Borrowers: Income Rules and Loan Options
Self-employed and W-2 borrowers can qualify for many of the same mortgage programs. The main difference is how lenders verify…
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FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
HUD Guidelines on Multiple FHA Loans at the Same Time
This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
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Bad Credit Mortgages | Mortgage Processing And Underwriting | Mortgage With Late Payments | NON-QM Loans | Videos
Buying House After Selling Home with Late Payments
In this guide, we will cover and discuss buying a house after selling home with late payments. One of the…
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Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
FICO and VantageScore: Which Should You Use for a Mortgage?
This guide covers the differences between FICO and VantageScore Credit Scores. We will explain the differences between FICO and VantageScore…
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Home Mortgages | Career Opportunities/Loan Officer Training | Mortgage Processing And Underwriting | Mortgage Rates | Regulations | Resources | Videos
Correspondent Lending versus Mortgage Brokers
This blog aims to explore the difference between correspondent lending and mortgage brokers. A common inquiry we receive regularly pertains…
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Home Mortgages | Conventional Loans | Credit Scores | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Credit Score Needed for Mortgage on Home Loans
Credit Score Required for Mortgage on Home Loans This guide covers the credit score needed for mortgage on home loans….
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Appraisal | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
FHA Appraisal Transfer to a New Mortgage Lender
In this guide, we will discuss and cover the FHA appraisal transfer from your old lender to a new mortgage…
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Home Mortgages | Automated Underwriting System | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Understanding Mortgage Application Process to Prevent Delays
This guide is about understanding mortgage application process to avoid delays. Despite the countless mortgage lending guidelines, applying for a…
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Mortgage After Bankruptcy and Foreclosure | Conventional Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Fannie Mae Chapter 13 Dismissal Guidelines
In this blog, we will cover the Fannie Mae Chapter 13 dismissal guidelines on conventional loans. One of the most…
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Compensating Factors | FHA Loans | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Chapter 13 Cash-Out Refinance Guidelines During Repayment
According to VA and HUD Chapter 13 cash-out refinance guidelines, homeowners may be eligible for a cash-out refinance on an…
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Mortgage After Bankruptcy and Foreclosure | Bankruptcy | FHA Loans | Manual Underwriting | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | VA Loans | Videos
Bankruptcy Dismissal versus Discharge Mortgage Guidelines
In this blog, we will cover and discuss the difference when qualifying for a mortgage after bankruptcy dismissal versus bankruptcy…
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Upfront Mortgage Costs vs. Closing Costs: Key Differences
Why is the lender asking you to pay for an appraisal or credit report before you are fully approved? It…
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Mortgage Processing And Underwriting | Automated Underwriting System | Qualifying & Getting Pre-approved | Videos
Mortgage Loan Underwriting Process for Home Buyers
Mortgage Loan Underwriting Process: Simple, Step-by-Step Guide The mortgage loan underwriting process is the lender’s review of your income, credit,…
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Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Impact of Credit Score Changes During Mortgage Process
This guide covers the impact of credit score changes during mortgage process and how it impacts borrowers. Credit Score Changes…
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Income And Employment | Gaps In Employment | Mortgage Processing And Underwriting | Verification of Employment | Videos
Changing Jobs During Mortgage Approval Process
Changing Jobs During Mortgage Approval Process: What You Need to Know Changing jobs during mortgage approval process can be a…
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Documents Needed for a Mortgage: A Simple Buyer’s Checklist
Buying a home involves paperwork, and it can be frustrating when your lender asks for additional documents after you have…
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Mortgage Lender Overlays | Automated Underwriting System | Home Mortgages | Manual Underwriting | Mortgage Processing And Underwriting | Videos
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…
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Automated Underwriting System | FHA Loans | Home Mortgages | Manual Underwriting | Mortgage Denial | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Applying for Mortgage with Another Lender When Denied
In this article, we will cover and discuss applying for mortgage with another lender when denied by the original lender….
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Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Regulations | Videos
Closing Costs on Loan Estimate versus Closing Disclosure
Closing costs on the loan estimate versus closing disclosure will most likely be different. The itemized closing costs on the…
