TSAHC DPA Mortgage: Texas Requirements and Assistance Options
A TSAHC DPA mortgage can help eligible Texas homebuyers pay their down payment and allowable closing costs. Assistance ranges from…
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Home Loan With Job Offer Letter: Mortgage Guidelines Before You Start Work
Yes, qualified borrowers may get a home loan with job offer letter before starting work or receiving their first paycheck….
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Maximum Debt-to-Income Ratios for AUS Approval by Loan Program
Maximum debt-to-income ratios for AUS approval vary by mortgage program. An automated underwriting system (AUS) evaluates the submitted loan information…
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Extenuating Circumstances Guidelines for Mortgage Approval After Financial Hardship
Many agency guidelines list extenuating circumstances as reasons for getting qualified for a mortgage when otherwise they would not qualify. However, borrowers need to understand
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Mortgage Guidelines Versus Overlays: Why One Lender May Approve You and Another Won’t
Mortgage guidelines versus overlays come down to who sets the requirement. Mortgage guidelines are the basic rules established by agencies…
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Social Security Income for Mortgage Qualification: Guidelines and Gross-Up Rules
Yes. You can use Social Security income for mortgage without employment income, provided your benefits and financial profile meet the…
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Property Tax Proration VA Guidelines: Credits, Cash Back, and Cash to Close
Property tax proration VA guidelines help determine how unpaid or prepaid property taxes are divided between the buyer and seller…
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Fannie Mae Second Home Guidelines: Occupancy, Down Payment, and Reserves.
Fannie Mae second home guidelines require the borrower to occupy the property for part of the year and keep exclusive…
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Videos | Conditional Loan Approval | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved
Denied by a Bank for Your Mortgage? How to Get Approved With Another Lender
This guide covers getting a home loan approved after a bank denies your mortgage application. There should be no reason…
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Freddie Mac Foreclosure Guidelines: Qualifying for a New Mortgage
Freddie Mac foreclosure guidelines depend on how your new loan is underwritten. For manual underwriting, the standard foreclosure recovery period…
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Fannie Mae Guidelines On Mortgage After Foreclosure
Buying another home after foreclosure starts with knowing which waiting period applies to your situation. Before choosing a property or…
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Common VA Overlays: VA Guidelines vs Lender Requirements
Common VA Overlays: VA Guidelines vs. Lender Requirements Common VA overlays are rules that lenders add on top of the…
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VA Loans | Compensating Factors | High Debt To Income Ratio | Manual Underwriting | Qualifying & Getting Pre-approved | Videos
VA Loans With No Credit Scores: 2026 Guidelines
This guide covers VA loans with no credit scores in detail and examines the DTI (Debt-to-Income) requirements. VA loans stand…
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Overdrafts in Bank Statements: Can You Still Get a Mortgage?
Overdrafts in bank statements can raise questions during mortgage underwriting, but one overdraft does not automatically mean your loan will…
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Appraisal Transfer Policy: Can You Transfer an Appraisal to a New Lender?
The appraisal transfer policy is a set of rules that let you move your home appraisal from one lender to…
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High Debt To Income Ratio | FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Excluding Debts from DTI Calculations
One of the challenges people who want to buy a house have is having a high debt-to-income ratio. If you…
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Paying Down Credit Cards During Mortgage Process Due to High DTI
Paying Down Credit Cards During Mortgage Process to Lower DTI Paying off credit card debt during the mortgage process can…
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FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
Multiple FHA Loans at the Same Time
This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
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Credit Supplement for a Mortgage: What It Is and How It Works
In the mortgage world, credit reports are not updated each time there is a payment by the borrower. An example…
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Mortgage Payment Shock: How It Affects Loan Approval
Payment shock can contribute to mortgage denial, but a large increase in housing expenses does not automatically disqualify a borrower….
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How to Turn Refer Into Approve-Eligible in AUS
How To Get Refer To Approve-Eligible Per AUS To Qualify For Mortgage: There are ways of trying to get a refer/eligible findings to an approve/eligible per automated underwriting system.
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Buying a Home Near Railroad Tracks: What Buyers Should Check
Buying a home near railroad tracks is not automatically a bad investment or a deal-breaker for a mortgage. The important…
