Qualifying For Mortgage With Collection Accounts Guidelines
In this blog, we will cover and discuss qualifying for mortgage with collection accounts guidelines. Homebuyers can qualify for a…
How Underwriters View Unsourced Funds In Mortgage Process
This guide covers how underwriters view unsourced funds while analyzing and reviewing a borrower. Unsourced funds have no paper trail,…
Conventional DTI Calculator For Fannie Mae DTI Guidelines
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Comparison of Mortgage Rates on Purchase and Refinance
This guide covers comparison of mortgage rates on purchase and refinance loans. Mortgage rates have been steadily going up to…
Buying an Investment Property Using a Conventional Loan
This guide covers buying an investment property using a conventional loan. Buying an investment property using a conventional loan with…
Earnest Money on Home Purchase Transaction
This guide covers what is earnest money on home purchase. Earnest money is a deposit a homebuyer submits with the…
Using FHA Loans For Self-Employed Borrowers to Buy a Home
In this blog, we will discuss and cover using FHA loans for self-employed borrowers on a home purchase. Using FHA…
Do All Lenders Have The Same Guidelines on Mortgage Loans
In this article, we will be covering the topic on are all mortgage lenders the same. Choosing the right mortgage…
How to Get a Home Loan With No Credit
Many people have no credit score. This can make getting a mortgage to buy a home harder. However, it’s not impossible. You can re-establish credit after bankruptcy or other serious credit problems. And if you have no credit score at all, lenders can approve you with a non-traditional credit report.
FHA and Conforming High-Balance Mortgage Loans
Traversing the landscape of mortgage loans can be an intricate voyage, presenting many options tailored to meet diverse financial requirements….
FHA 203k Loan
In this blog, we will cover and discuss FHA 203k loan for fixer-uppers and gut-rehab homes. Many home buyers look…
Changes In FHA Guidelines For First Time Home Buyers
This article discusses the changes in FHA guidelines that are particularly relevant to first-time home buyers. The Federal Housing Administration…
Solutions To High Debt To Income Ratios On Home Purchase
Gustan Cho Associates has no lender overlays on debt to income ratio on government and conventional loans. We just go off the agency caps on debt to income ratio no government and conventional loans.
HUD Reserve Requirements and Guidelines on FHA Loans
HUD reserve requirements mandate maintaining reserves in specific scenarios, and it’s prudent for homeowners to voluntarily set aside funds for…
How To Get Your Ex-Spouse Off Your Mortgage After a Divorce
In this blog post, we’ll explore how to remove your ex-spouse from your mortgage following a divorce. Despite the overall…
Purchase and Refinance Jumbo Loan Mortgage Options
This guide covers home purchase and refinance Jumbo loan mortgage loan options. There are traditional and non-qm jumbo loans for…
Property Homeowners Insurance is Required By Lenders
Brent Norkus, an insurance agent for Goosehead Insurance covers property homeowners insurance in this extensive guide. Property homeowners insurance is…
Right of Rescission Mortgage Guidelines on Refinances
This guide covers the right of rescission mortgage guidelines on refinances. As we have seen interest rates drop over the…
FHA Loans Bad Credit Georgia For Credit Scores Down to 500
FHA loans bad credit Georgia mortgage requirements and guidelines make FHA home mortgages the most popular loan program for first-time…
Credit Score Guidelines Versus Overlays By Mortgage Lenders
This guide covers credit score guidelines versus overlays by mortgage lenders. There are two types of credit score requirements to…
Can I Get an FHA Loan With Under 600 Credit Score
In this blog post, we’ll explore obtaining an FHA loan with a credit score under 600. Gustan Cho Associates specializes…
