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…
Clear to Close On Mortgage And Timeline From Application To CTC
In this blog post, we’ll explore the process of achieving a clear-to-close mortgage and the timeline from the initial loan…
How Underwriters Look at Credit Report vs Credit Scores
This blog will cover how mortgage underwriters look at credit report vs credit scores. Minimum credit scores are required to…
Yield Spread Premium Charged By Mortgage Brokers
Mortgage brokers are paid a commission, referred to as Yield Spread Premium Explained, from wholesale mortgage lenders or end lenders,…
FICO Credit Scores Requirements To Qualify For a Mortgage
This guide covers about FICO credit scores to qualify for a mortgage loan. Every mortgage loan applicant who has applied…
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….
How To Keep Loan Pre-Approval Valid For Home Purchase
This guide covers how to keep loan pre-approval valid for home purchase. One of the many questions home buyers often…
Auto Loans | High Debt To Income Ratio | Home Mortgage | Income And Employment | Qualifying & Getting Pre-approved | Videos
The Struggle of Car Loans During Mortgage Process
This guide cover the struggle of car loans during the mortgage process. Looking to buy a new car? Like most…
Warehouse Line of Credit Used By Mortgage Bankers
In this blog, we will discuss and cover the warehouse line of credit used by mortgage bankers and correspondent lenders. …
Home Mortgage Case Scenarios For Homebuyers
This guide covers home mortgage case scenarios for homebuyers. Many borrowers have trouble qualifying for conventional and FHA mortgage financing….
Traditional and Non-QM Mortgage Loan Programs
Dozens of non-QM loan programs have been launched for 2021. The dozens of alternative mortgage loan programs is fueling the booming housing market and drying up inventory of home. Thus, it is skyrocketing home prices even more.
15 Year Versus 30 Year Fixed Rate Mortgages Comparison
This ARTICLE On 15 Year Versus 30 Year Fixed Rate Mortgages On Loan Programs. All residential mortgage loan programs have…
Conditional Loan Approval | Home Mortgage | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Borrowers For Mortgage on Purchase and Refinance
This guide covers qualifying borrowers for mortgage on home purchases and refinances. There are many steps in the mortgage process…
Reasons For Last-Minute Mortgage Denial From Underwriters
There is no reason why a pre-approved borrower should ever get a last-minute mortgage denial by a mortgage underwriter. The main reason why borrowers get a last-minute mortgage denial is because the borrower was not properly qualified by the loan officer.
Understanding The Basics of What is a Mortgage
This guide covers understanding the basics on what is a mortgage. We will cover and discuss the meaning of what…
Self-Employed Mortgage With One-Year Tax Returns
Self-employed borrowers are now eligible to get an approve/eligible per automated underwriting system with one-year income tax returns.
Getting Faster Mortgage Approvals and Closing on Time
Borrowers should not stress during the mortgage process. . There is no reason why there should be stress during the mortgage process. There is no reason why the closing date needs to get delayed. Follow these tips for a smooth and timely closing.
Truth in Lending Disclosure During The Mortgage Process
This guide covers the truth in lending disclosure during the mortgage process. Mortgage disclosures are required to be disclosed to…
Escrow Account Mortgage Guidelines on Home Mortgage Loans
This article covers escrow account mortgage guidelines and requirements. Lenders conduct periodic escrow analyses to ensure that the account balance…
How To Get Approved For FHA Loans With No Credit Scores
Gustan Cho Associates are experts when analyzing consumer credit reports. Since we do not have lender overlays, we see all…
