FHA Guidelines on Late Payments After Bankruptcy
In this blog, we will cover and discuss FHA guidelines on late payments after bankruptcy. Borrowers are often confused with FHA…
Fannie Mae Guidelines On Timeshare Foreclosure On Conventional Loans
This Article Is About Fannie Mae Guidelines On Timeshare Foreclosure On Conventional Loans. What are Fannie Mae guidelines regarding timeshare…
VA DTI Manual Underwriting Guidelines on VA Loans
This blog will discuss the VA DTI manual underwriting guidelines on VA loans. VA loans are one of the best…
NON-QM Loans | Bank Statement Loans | Jumbo Loans | No-Ratio Mortgage Loans | Qualifying & Getting Pre-approved | Videos
Using Non-QM Versus Jumbo Mortgages
In this blog, we will cover and discuss using non-QM versus jumbo mortgages to purchase high-end homes. Using non-QM versus…
FHA Loans | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | Mortgage With Late Payments | Videos
Late Payments After Chapter 13 Bankruptcy Guidelines
This guide covers late payments after Chapter 13 bankruptcy mortgage guidelines. Mortgage lenders do not want to see any late…
Mortgage Options For Homebuyers in Idaho With Bad Credit
In this article, we will cover and discuss mortgage options for homebuyers in Idaho with bad credit and low credit…
Freddie Mac Home Possible Mortgage Guidelines
This guide covers Freddie Mac Home Possible Mortgage Guidelines. Home Possible Is Freddie Mac’s 3% to 5% down payment solution…
Mortgage Lenders For Bad Credit in Arkansas With No Overlays
In this article, we will cover and discuss finding the best mortgage lenders for bad credit in Arkansas to qualify…
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….
Freddie Mac Bankruptcy Guidelines On Conventional Loans
In this blog, we will discuss and cover Freddie Mac bankruptcy guidelines on conventional loans. Mortgage borrowers can qualify for…
Using FHA Loans To Purchase Home With a 3.5% Down Payment
In this blog, we will cover and discuss using FHA loans to purchase home and eligibility requirements. Using FHA loans…
Qualifying For FHA Loan During Chapter 13 Bankruptcy
In this article, we’ll explore the process of Qualifying For FHA Loan During Chapter 13 Bankruptcy. Homebuyers can secure an…
VA Derogatory Credit Mortgage Guidelines on VA Loans
This guide covers VA derogatory credit mortgage guidelines on VA loans. VA derogatory credit mortgage guidelines on VA loans are…
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…
Understanding FHA Mortgage Rates on Purchase and Refinance
This guide covers understanding FHA mortgage rates on purchase and refinance transactions. FHA loans are the most popular mortgage program…
Automated Underwriting System Findings On Home Mortgages
In this blog, we will cover and discuss the automated underwriting system approval, which is also referred to as AUS…
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | Credit Scores | FHA Loans | Mortgage Rates | Qualifying & Getting Pre-approved | Videos
Shopping For Mortgage With Poor Credit and Low Credit Scores
In this blog, we will discuss and cover shopping for mortgage with poor credit and low credit scores. Shopping for…
Videos | FHA Loans | Fix-and-Flip Mortgage Loans | High-Balance Mortgage Loans | Jumbo Loans | Manufactured Homes | Muti-Family Investment | NON-QM Loans | One-Time Close Construction Loans | USDA Loans | VA Loans
Types of Mortgage Loan Programs For Homebuyers
This guide covers the types of mortgage loan programs for homebuyers. There are several types of mortgage loan programs. The…
Automated Approval By The Automated Underwriting System
In this blog, we will cover and discuss the automated approval by the automated underwriting system. It is key to…
Mortgage After Bankruptcy and Foreclosure | Automated Underwriting System | Conventional Loans | FHA Loans | Videos
Conventional Loan After Chapter 7 Bankruptcy Mortgage Guidelines
There’s a common misconception that only those with excellent credit scores can secure a conventional loan, while FHA loans are…
Chapter 11 Bankruptcy Guidelines on FHA and VA Loans
What is the waiting period to get a home loan after filing Chapter 11 bankruptcy?
FHA allows mortgage eligibility after 12 months of on-time payments if the bankruptcy trustee approves, and no waiting period after discharge.
VA home loans are allowed after 12 months of on-time payments and trustee approval, and no waiting period after discharge.
Conforming (Fannie Mae and Freddie Mac) lenders require a two-year waiting period after Chapter 11 discharge, and a four-year wait after Chapter 11 dismissal.
Mortgage applications after recent bankruptcy filings may require manual underwriting, which can be stricter than automated underwriting.
