AUS-Approval To VA Manual Underwrite Downgrade
When does an automated underwriting system approved file get downgraded to a VA manual underwrite downgrade on VA loans happen?…
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Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
When does an automated underwriting system approved file get downgraded to a VA manual underwrite downgrade on VA loans happen?…
After experiencing financial difficulties, it can be overwhelming to navigate the intricacies of mortgage lending. The process can be complex…
California FHA loans are a preferred mortgage solution for various borrowers, including first-time homebuyers, individuals with poor credit, and those…
The DTI Manual Underwriting Guidelines for FHA and VA loans are quite alike. Among home mortgage programs, only FHA and…
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.
This Article Is About Qualifying For VA Mortgage After Prior VA Loan Foreclosure For many veterans, a VA loan is…
This blog will discuss the appraisal transfer policy from one lender to another when a borrower changes mortgage lenders. As…
In this article, we will discuss and cover VA loans with under 620 credit scores guidelines. VA loans are the…
In this blog, we will discuss and cover VA manufactured home guidelines on VA loans. Gustan Cho Associates has invested…
This blog will discuss the VA DTI manual underwriting guidelines on VA loans. VA loans are one of the best…
Homebuyers can qualify for VA loans bad credit Tennessee with under 620 credit scores. The United States Department of Veterans…
What is the waiting period to get a home loan after filing Chapter 11 bankruptcy?
FHA allows mortgage eligibility after 12 months of on-time payments if the bankruptcy trustee approves, and no waiting period after discharge.
VA home loans are allowed after 12 months of on-time payments and trustee approval, and no waiting period after discharge.
Conforming (Fannie Mae and Freddie Mac) lenders require a two-year waiting period after Chapter 11 discharge, and a four-year wait after Chapter 11 dismissal.
Mortgage applications after recent bankruptcy filings may require manual underwriting, which can be stricter than automated underwriting.
This blog addresses the topic of obtaining cashback when closing on VA loans. We’ve received numerous inquiries in recent…
One common question regarding VA loans is whether securing approval with poor credit is possible. The crucial factor in qualifying…
This guide deep dives into the significance of the FHA and VA Amendatory Clause. We will explore the implications of…
This guide covers property tax proration VA guidelines on VA home loans. There are certain states where property taxes are…
This blog post will explore and elaborate on the Texas Cash-Out Refinance Guidelines in home mortgages. Gustan Cho Associates, a…
This blog post will explore Buying House While In Chapter 13 Bankruptcy. Chapter 13 Bankruptcy involves a structured five-year repayment…
Gustan Cho Associates has no lender overlays on VA loans. VA loans do not have a minimum credit score requirement nor a maximum debt to income ratio cap as long as the borrower can get an approve/eligible per automated underwriting system.
This article will discuss the guidelines for VA property tax exemption related to VA home loans. The VA has created…
This guide covers manual underwriting DTI guidelines on FHA and VA loans. HUD and the Veterans Administration are the only…