Fannie Mae Bankruptcy Guidelines on Conventional Loans
As per the Fannie Mae Bankruptcy Guidelines for conventional loans, borrowers must follow a mandatory waiting period after filing for…
Mortgage After Bankruptcy and Foreclosure | Bankruptcy | FHA Loans | Manual Underwriting | VA Loans | video
Fannie Mae Chapter 13 Guidelines On Conventional Loans
After experiencing financial difficulties, it can be overwhelming to navigate the intricacies of mortgage lending. The process can be complex…
How Does Rent-to-Own Homes Work?
In this guide, we will cover how rent-to-own homes work for homebuyers who cannot quite get traditional financing. When you…
What is The Difference Between ARM Versus Fixed-Rate Mortgages
In this blog, we will cover ARM versus fixed-rate mortgages. ARM stands for an adjustable-rate mortgage. Adjustable-Rate Mortgage is when…
What Factors Affect Mortgage Rates Pricing on Home Loans
Lenders base each borrower’s credit scores as well as other risk factors when determining mortgage rates. The higher the risk of a borrower, the higher the rate. It is best for each borrower to maximize their credit scores and other layered risks to get the best mortgage rates.
Excluding Debts From Co-Signed Loans To Qualify For Mortgage
This guide covers excluding debts from co-signed loans to qualify for mortgage loans. Mortgage borrowers who are co-signers on debts…
California FHA Loans Versus Other Mortgage Options For Homebuyers
California FHA loans are a preferred mortgage solution for various borrowers, including first-time homebuyers, individuals with poor credit, and those…
Manual Underwriting | Compensating Factors | FHA Loans | High Debt To Income Ratio | VA Loans | Verification Of Rent | Videos
DTI Manual Underwriting Guidelines on FHA and VA Loans
The DTI Manual Underwriting Guidelines for FHA and VA loans are quite alike. Among home mortgage programs, only FHA and…
Is This The Year of the Housing Bubble?
Rumors are flying about a possible housing bubble in the US. Are they based in fact, or is this wishful thinking on the part of frustrated would-be buyers?
Difference Between a Job Versus a Career As a Loan Officer
What is the difference between a job versus a career? Is my job a career? What is the difference between…
FHA Mortgage Guidelines on Credit Disputes
This blog will discuss FHA mortgage guidelines on credit disputes during the mortgage process. In general, you cannot have credit…
VA Loans Residual Income Guidelines For 2024
Lenders can offer 100% with no mortgage insurance at competitive low mortgage rates on VA loans due to the government guarantee against loss or foreclosure on VA loans. VA loans have no maximum debt-to-income ratio cap on VA loans.
Difference Between Fannie Mae And Freddie Mac
In this blog post, we’ll delve into the difference between Fannie Mae and Freddie Mac. These entities play a significant…
How to Avoid Delays in Mortgage Loan Closings
This guide covers how to avoid delays in mortgage loan closings. When homebuyers enter a real estate purchase contract, the…
Wyoming Mortgage Calculator With PITI, PMI, HOA, and DTI
Select a StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashington DCWashingtonWest VirginiaWisconsinWyoming Gustan Cho Associates like to…
Florida Housing Market For Homebuyers and Renters
There is no sign of any housing market crash, especially in Florida. Home prices are booming with no signs of any correction.
Community Property States Mortgage Guidelines On DTI
This article will tackle the Community Property States Mortgage Guidelines On DTI. Understanding marital property rights can be intricate, especially…
DSCR Mortgage Loans: Debt-Service Cover Ratio
DSCR mortgage loans, debt-service coverage ratio mortgages, is a type of no-income verification mortgage loan program. There is no income…
FHA Loan With Recent Late Payments in the Past 12 Months
One of the most common inquiries we receive daily pertains to the eligibility for an FHA loan with recent late…
Appraisal Transfer Policy From One Lender To Another
This blog will discuss the appraisal transfer policy from one lender to another when a borrower changes mortgage lenders. As…
When Is Rental Verification Required By Mortgage Lenders
One of the frequently asked mortgage questions we get from home buyers is when is rental verification required by mortgage…
