Yield Spread Premium Charged By Mortgage Brokers
Mortgage brokers are paid a commission, referred to as Yield Spread Premium Explained, from wholesale mortgage lenders or end lenders,…
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FHA Loans After Unemployment Mortgage Guidelines
This blog examines the eligibility requirements for FHA loans after unemployment or employment gaps. Prospective FHA loan applicants now have…
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Manual Underwriting With Late Payments Mortgage Guidelines
Can You Qualify For Manual Underwriting With Late Payments? VA and FHA allow manual underwriting for borrowers who cannot get an approve/eligible per automated underwriting system.
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The Role Of The Loan Officer Assistant In Mortgage Process
The Role of the Loan Officer Assistant: How They Help You Get a Mortgage Buying a home or refinancing can…
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Manual Downgrade From AUS Approval on FHA Loans
Manual Downgrade from AUS Approval: What It Means and How to Get a Mortgage in 2025 Getting a mortgage can…
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Appraisal Transfer Policy From One Lender To Another
Appraisal Transfer Policy: How to Transfer a Home Appraisal to a New Lender If you’re changing mortgage lenders and have…
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Social Security Income For Mortgage Lending Guidelines
Social Security Income for Mortgage: How to Use It to Buy a Home If you’re living on Social Security income…
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How Underwriters View Overdrafts in Bank Statements
Most mortgage lenders really don’t like seeing overdrafts in bank statements. If they spot an overdraft, it can make them…
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What’s Worse: Foreclosure or Bankruptcy?
Bankruptcy and foreclosure both damage your credit and can make it difficult or impossible to buy or refinance a home. But one is worse than the other.
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Steps In The Underwriting Process By Mortgage Lenders
Steps in the Underwriting Process: What Borrowers Need to Know in 2025 If you’re buying a home or refinancing your…
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AUS Approval On Conventional Loans Versus Refer/Eligible
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS: There are ways and tricks of the trade to get an approve eligible per automated underwriting system on conventional loans.
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Home Loan With No Credit Tradelines Mortgage Guidelines
Getting a Home Loan With No Credit Tradelines: Your Complete 2025 Guide Buying a home is a thrilling achievement, but…
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Buying or Refinancing After Forbearance Mortgage Guidelines
Buying or Refinancing After Forbearance: What You Need to Know in 2025 If you’ve been through a forbearance and are…
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Mortgage After Bankruptcy and Foreclosure | High-Balance Mortgage Loans | Jumbo Loans | NON-QM Loans | Videos
Jumbo Loans Chapter 13 Bankruptcy Guidelines
Jumbo Loans Chapter 13 Bankruptcy Guidelines: How to Get Approved in 2025 Many homebuyers think filing Chapter 13 bankruptcy means…
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Jumbo Versus High-Balance Mortgages in California
Jumbo Versus High-Balance Mortgages in California: Everything You Need to Know in 2025 If you’re considering buying a home in…
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Irregular Deposits Could Ruin Your Mortgage—Learn to Fix It
Buying a home is exciting. But when you’re applying for a mortgage, your bank statements can suddenly become a big…
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Exempt Debts From Debt To Income Ratio for Mortgage
Getting approved for a mortgage isn’t just about your income and credit score. A huge factor lenders look at is…
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DuPage County Home Values Down 24%, Property Tax Up 7% Since Recession
DuPage County Home Values Down: What’s Really Happening in 2025? Many people across the U.S. hear about home prices going…
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How To Get AUS Approval With Late Payments After Bankruptcy
Getting a mortgage approval after bankruptcy can feel stressful. Having late payments after a bankruptcy discharge makes things even more…
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Do All Lenders Have the Same Guidelines on VA Loans
Do All Lenders Have the Same Guidelines on VA Loans? One of the most frustrating experiences for VA homebuyers is…
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How Regulation Changed the Mortgage Approval Process
Lenders are really strict and can nit-pick during the mortgage process due to tough mortgage regulations. Mortgage regulators can fine lenders. If lenders do not follow mortgage regulations, the mortgage loans the lender closes, and funds may not be able to get sold on the secondary market.
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Why You Should Not Get a 15-Year Fixed-Rate Mortgage
Why You Should Not Get a 15-Year Fixed-Rate Mortgage: Think Twice Before Choosing a 15-year Fixed-Rate Mortgage. If you’re considering…
