Freddie Mac Part-Time Income Mortgage Guidelines
This guide explores the updated Freddie Mac part-time income mortgage guidelines for 2024. The new year has introduced significant changes…
Refinance Waiting Period Mortgage Guidelines
In this blog, we will cover and discuss the refinance waiting period mortgage lending guidelines on home mortgages. For homeowners…
Home Buying Stress During Mortgage Underwriting Process
This article is about Why Mortgage Process Is Biggest Home Buying Stress The process of buying a home can be…
HUD FHA 203k Loans Manual Underwriting Guidelines
This guide covers HUD FHA 203k loans manual underwriting guidelines on renovation loans. HUD FHA 203k loans manual underwriting guidelines…
Sellers Concessions And Tax Prorations On Illinois Home Purchase
Understanding Sellers Concessions and Tax Prorations in Illinois Home Purchases Illinois home buyers benefit from a unique financial advantage that…
Why Do Mortgage Lenders Ask For Reserves From Borrowers
When And Why Do Mortgage Lenders Ask For Reserves? On VA and FHA manual underwriting, one month’s reserves are required. Multi-family units require reserves by homebuyers.
Reaffirming Home Loan After Bankruptcy Mortgage Guidelines
In this article, we’ll talk about reaffirming home loan after bankruptcy, a frequently inquired topic. Milwaukee-based Attorney James Miller of…
Bank Statement Loans For Self-Employed Borrowers
In this blog, we will discuss and cover bank statement loans for self-employed borrowers. Non-QM Loans and Bank Statement Loans…
Should I Use Fannie Mae or Freddie Mac For AUS
In this article, we’ll discuss about Should I Use Fannie Mae or Freddie Mac for Automated Underwriting Systems (AUS). There…
Buying a Home With Bad Credit in Nevada With Under 600 FICO
In this article, we will delve into the process of buying a home with bad credit in Nevada, specifically for…
Home Purchase Versus Renting Home
This guide covers home purchase versus renting for homebuyers. There are many added benefits to a home purchase versus renting…
Pros and Cons of Buying Versus Renting in California
This article analyzes the advantages and disadvantages of buying versus renting in California. The state has some of the highest real…
Buying House With New Job and Employment Gaps
In guide covers buying house with new job and gaps in employment. Many homebuyers are concerned about qualifying for a…
How Mortgage Underwriters Consider Verified Assets For Home Loan
When applying for a mortgage loan, homebuyers must present verified assets for home loan to the lender. Verified assets include…
Mortgage With Late Payments After Bankruptcy And Foreclosure
Home loans are still available to borrowers with collections, charged-off accounts, or late payments. Lenders are generally willing to approve…
Home Mortgages | Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Credit Score For Mortgage Used By Lenders
In this blog, we’ll explain the qualifying credit score that lenders use for mortgages. Mortgage underwriters determine this score by…
The Main Reasons For Foreclosures
This guide covers the reasons for foreclosures. The ability to repay is the most important factor lenders consider when approving…
Qualifying For Mortgage With Collection Accounts Guidelines
In this blog, we will cover and discuss qualifying for mortgage with collection accounts guidelines. Homebuyers can qualify for a…
Home Loan Without Spouse Mortgage Guidelines
This guide covers qualifying for a home loan without spouse mortgage guidelines. There are many reasons why home buyers want…
Unexpected Home Buyers Expenses Payment Shock
This guide covers unexpected home buyers expenses payment shock for borrowers. The American Dream is still owning your own home….
How To Avoid Mortgage Denied By a Bank
Choosing the right lender with no lender overlays is the key on how to avoid mortgage denial
Rapid Rescore During Mortgage Process And How It Works
In this blog post, we will discuss the concept and procedure of rapid rescore during mortgage process. Consumer credit profiles are…
