VA Cash-Out Refinance Mortgage Loans: Unlock Equity
How does a VA cash-out refinance work? A VA cash-out refinance replaces your current mortgage with a new VA-backed loan…
-
-
Automated Underwriting System | Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | Videos
Mortgage with Collection Accounts and Charge-Offs
Is it possible to secure a mortgage with collection accounts? The short answer is yes. In this guide, find out…
-
What Is PITI in a Mortgage? Full Monthly Payment Guide
All mortgage loan programs require a maximum front debt-income ratio and back debt to income ratio. However, conventional loans do not require a front debt to income ratio. VA loans do not have a debt to income ratio requirements. Lenders can have lender over lender overlays on debt to income ratios.
-
Mortgage Processing And Underwriting | Automated Underwriting System | Qualifying & Getting Pre-approved | Videos
Factors Affect Pre-Approval Mortgage Process
This guide explores the factors affect pre-approval and stress during the mortgage process. Once individuals decide to purchase a home,…
-
Mortgage Processing And Underwriting | Conventional Loans | FHA Loans | Mortgage Lender Overlays | Videos
The Role of Mortgage Underwriter in the Home Loan Process
In this guide, we will cover the role of a mortgage underwriter during the home loan approval process. The role…
-
Videos | Charge Off Accounts | Collection Accounts | Qualifying & Getting Pre-approved | Re-Establishing Credit | VA Loans
VA Loans With Bad Credit in Tennessee
VA loans with bad credit in Tennessee may be available, even when a borrower has a low credit score. The…
-
What Does Yield Spread Premium in Mortgage Lending Mean?
Despite its long history, the term ‘yield spread premium’ still puzzles many mortgage professionals. In the past, wholesale mortgage lenders…
-
Videos | Bad Credit Mortgages | Career Opportunities/Loan Officer Training | Mortgage Processing And Underwriting | Mortgage Rates | NON-QM Loans
All About Borrower Review of Gustan Cho Associates
In this guide, we will discuss and cover the borrower review of Gustan Cho Associates. Reviews and testimonials are one…
-
Conditional Mortgage Approval Delays: Causes and How to Avoid Them
Conditional mortgage approval means an underwriter has reviewed your loan file but still needs specific documents, explanations, or third-party items…
-
VA Loans | High Debt To Income Ratio | Home Mortgages | Income And Employment | Manual Underwriting | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
VA Loan Residual Income Guidelines for Homebuyers
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.
-
First Time Home Buyers | Down Payment Assistance | FHA Loans | Home Purchase | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
Dream of Owning Your Own Home: Mortgage Guide
This guide covers the dream of owning your own home. The dream of owning your own home is a common…
-
Home Maintenance for First-Time Home Buyers
Buying a home is exciting, but it also means taking responsibility for repairs, safety checks, and routine upkeep that a…
-
Do All Lenders Have The Same Guidelines? Avoid Denial
Do all mortgage lenders have the same guidelines? No, mortgage lenders do not all have the same guidelines. FHA, VA,…
-
High Debt-to-Income Ratio Home Loans in California
Yes, you may qualify for a California mortgage with a high debt-to-income ratio. Approval depends on the loan program, credit…
-
Manual Underwriting | Compensating Factors | FHA Loans | High Debt To Income Ratio | VA Loans | Verification Of Rent | Videos
DTI Manual Underwriting Guidelines on FHA and VA Loans
DTI Manual Underwriting Guidelines on FHA and VA Loans If a computer system says “no” to your mortgage because your…
-
Mortgage Guidelines After Bankruptcy on Home Purchase
In this guide, we will cover mortgage guidelines after bankruptcy. Mortgage guidelines after bankruptcy do not categorically prevent homeownership. Eligibility…
-
Student Loans | Conventional Loans | FHA Loans | High Debt To Income Ratio | Mortgage Processing And Underwriting | USDA Loans | VA Loans | Videos
Income-Based Repayment Student Loan Mortgage Guidelines
Features of Student Loan Mortgage Programs and Income-Based Repayment Plans Income-Based Repayment plans can help make federal student loan payments…
-
FHA Loans | High Debt To Income Ratio | High-Balance Mortgage Loans | Manual Underwriting | Mortgage Lender Overlays | Qualifying & Getting Pre-approved | Videos
Major Changes in FHA Guidelines HUD 4000.1 Handbook
This guide will delve into the major changes in FHA guidelines, specifically the HUD 4000.1 Handbook, which may have implications…
-
FHA Loans | Condominium Loans | Condotel and Non-Warrantable Condos | Conventional Loans | Real Estate Topic | Videos
FHA Spot Loans on Non-HUD-Approved Condos
FHA Spot Loans enables condo buyers to purchase a condo unit in a non-HUD-Approved Condo Complex with an FHA loan.
-
High-Balance Conforming Loans in High-Cost Areas
High-balance conforming loans are advanced loan programs ideal for the individuals buying homes in high-cost areas. The loan is for…
-
Things That Determines Your Mortgage Rates
This guide covers things that determines your mortgage rates on home loans. Mortgage rates are the interest rates that you…
-
Cash to Close and Seasoned Funds for Closing
Cash to Close and Seasoned Funds for Closing: Guide to a Smooth Home Purchase When you’re ready to buy a…
