ByGustan Cho, NMLS 873293
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Quick answer: An FHA loan with low credit score may be available if your score is 500 or above. For…
ByGustan Cho, NMLS 873293
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Quick answer: You may be eligible for an FHA mortgage after bankruptcy, but it will depend on the chapter of…
ByGustan Cho, NMLS 873293
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Borrowers who have credit scores under 620 FICO need a lower debt to income ratio to get an approve/eligible per automated underwriting system.
ByGustan Cho, NMLS 873293
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How underwriters analyze bank statements comes down to one main question: are the funds in the account acceptable, documented, and…
ByAlex Carlucci, NMLS: 229891
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Job relocation mortgage guidelines can allow you to buy a home when transferring with your current employer or moving for…
ByGustan Cho, NMLS 873293
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In this guide, we will cover and discuss the statute of limitations on collection accounts and charge-offs. We will go…
ByGustan Cho, NMLS 873293
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This guide covers getting a home loan approved after a bank denies your mortgage application. There should be no reason…
ByGustan Cho, NMLS 873293
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This guide covers VA loans with no credit scores in detail and examines the DTI (Debt-to-Income) requirements. VA loans stand…
ByGustan Cho, NMLS 873293
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We will discuss qualifying for FHA loans in Utah with a FICO score under 620, including those with outstanding collections…
ByGustan Cho, NMLS 873293
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This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
ByGustan Cho, NMLS 873293
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In the mortgage world, credit reports are not updated each time there is a payment by the borrower. An example…
ByGustan Cho, NMLS 873293
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Fix-and-Flip Mortgage Guidelines: Loans for Real Estate Investors A Fix-and-Flip Mortgage is short-term financing designed primarily for real estate investors…
ByGustan Cho, NMLS 873293
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Borrowers Need To Realize How Credit Balance Impacts Credit Scores To Qualify For Mortgage: The key to getting a low mortgage rate is to maximize your credit scores prior to applying for a mortgage. It can simply be done by paying down your credit card balance to a 10% credit utilization ratio.
ByJohn Strange, NMLS: 230932
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Working With a Loan Officer: Mortgage Process From Pre-Approval to Closing Your journey with a loan officer begins even before…
ByJohn Strange, NMLS: 230932
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Unsourced Funds in Mortgage Underwriting: 2026 Large Deposit and Bank Statement Rules A large deposit in your bank account does…
ByMike Gracz, NMLS: 1160212
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Securing a mortgage is still within reach, even if your Chapter 13 bankruptcy is ongoing. You do not always have…
ByGustan Cho, NMLS 873293
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Buying a Second Primary Home While Renting Your Current Home You can buy a new primary residence and keep your…
ByGustan Cho, NMLS 873293
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Credit Score Mortgage Guidelines for FHA, VA, USDA, and Conventional Loans This guide covers credit score mortgage guidelines for FHA,…
ByGustan Cho, NMLS 873293
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This guide covers how to prepare for a mortgage as a first-time homebuyer. The best way to prepare for a…
ByGustan Cho, NMLS 873293
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Timing for Conventional Loans After Chapter 13 Bankruptcy A conventional loan may be obtained after a Chapter 13 bankruptcy; however,…
ByGustan Cho, NMLS 873293
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FHA Bankruptcy Waiting Period: Chapter 7 and Chapter 13 Guidelines The waiting period for an FHA loan after bankruptcy depends…
ByGustan Cho, NMLS 873293
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How Bankruptcy Affects Mortgage Approval: FHA, VA, USDA, Conventional, Non-QM Guidelines Bankruptcy does not prevent potential homeowners from qualifying for…
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