FHA Loans With 500 FICO Credit Score
HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.
HUD Guidelines versus Lender Overlays on FHA Loans
This guide covers HUD guidelines versus lender overlays on FHA loans. There have been notable changes for HUD guidelines versus…
VA Credit Score Agency Guidelines Versus Lender Overlays
This guide covers VA credit agency guidelines versus lender overlays on VA loans. Understanding VA Credit Score Agency Guidelines is…
Lender Overlays on Credit Tradelines By Underwriters
This guide covers lender overlays on credit tradelines by mortgage underwriters. Do all mortgage companies have lender overlays on credit…
VA Loan Denial Due to Overlays
This article covers getting a VA loan denial due to overlays and qualifying with a different lender. In this article,…
Mortgage Loan Programs With No Overlays and 30-Day Closing
In this blog, we will cover and discuss mortgage loan programs with no overlays and closing in 30 days. The…
How Lender Overlays Prevent Mortgages For Homebuyers
This guide covers how lender overlays prevent mortgages for homebuyers. The Federal Reserve Board announced that almost a third of…
The Importance of Debt-To-Income Ratio in Mortgages
This guide covers the importance of debt-to-income ratio in mortgages. Borrowers need to keep in mind the importance of debt-to-income…
DTI Overlays Required By Lenders on Home Loans
This guide covers the DTI overlays lenders require on government and conventional loans. DTI overlays are imposed on home mortgage…
Mortgage Approval With Bad Credit and Late Payments
This guide covers mortgage approval with bad credit and late payments. Many consumers have had a period in their lives….
Choosing a Loan Officer With No Mortgage Lender Overlays
This guide covers choosing a loan officer with no mortgage lender overlays. This guide will discuss watching out for these…
Best Arizona Mortgage Lenders For Bad Credit With Low FICO
This blog covers the best Arizona mortgage lenders for bad credit with low FICO credit scores. It is an important…
VA Credit Score Mortgage Guidelines on VA Home Loans
This guide covers VA credit score mortgage guidelines on VA home loans. VA mortgages are the best home loan program…
What Are Common Lender Overlays on Government Mortgages
All mortgage companies need to have their borrower meet the minimum agency mortgage guidelines of HUD, VA, USDA, Fannie Mae, Freddie Mac. However, lenders can have higher lending requirements called lender overlays.
Choosing The Right Lender To Get a Mortgage Loan Approval
In this blog, we will cover choosing the right lender for a mortgage loan approval. Choosing The Right Lender with…
Overlays With FHA Loans By Mortgage Lenders
This blog will cover overlays with FHA loans compared to HUD agency guidelines. FHA loans are the most popular home…
Conventional Loans With No Lender Overlays Illinois
In this blog, we will discuss and cover qualifying for conventional loans with no lender overlays in Illinois. Gustan Cho…
My Experience with The Gustan Cho Team at Gustan Cho Associates
This article is about a borrower’s testimonial on My Experience with The Gustan Cho Team at Gustan Cho Associates. We…
Recommended Lender By Realtors Due To Its No Lender Overlays Policy
This Article Is About Recommended Lender By Realtors Due To Its No Lender Overlays Policy In this article, we will…
Qualifying At Banks Versus Mortgage Companies For Mortgage
This Article Is About Qualifying At Banks Versus Mortgage Companies For Mortgage When a home buyer thinks of getting pre-qualified…
VA Loans Alabama Mortgage Guidelines With No Lender Overlays
This ARTICLE Is About VA Loans Alabama Mortgage Guidelines With No Lender Overlays Alabama is on the map. The state…
Lenders Increasing Credit Score Requirements Due To COVID-19
This article covers Lenders Increasing Credit Score Requirements Due To COVID-19 Most borrowers have noticed that Lenders Increasing Credit Score…
