Moving To Another Owner-Occupied Home Without Selling
In this blog, we will cover and discuss buying and moving to another owner-occupied home without selling their first home….
VA Guidelines On Deferred Student Loans On VA Home Loans
This article explores the VA Guidelines on Deferred Student Loans and their influence on the debt-to-income ratio in the context…
Can Homeowners Be on Title But Not on Mortgage
The primary emphasis of this blog centers around the waiting period obligations that individuals face after foreclosure, specifically those on…
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…
FHA Appraisals Versus Conventional Appraisals Guidelines
This article examines and clarifies the criteria for FHA Appraisals Versus Conventional Appraisals. There are significant differences in the guidelines…
Mortgage Processing And Underwriting | Clear To Close | Home Purchase | Home Sellers | Real Estate Topic | Videos
Escrow Hold Back For Home Repairs
This article will cover what escrow hold back is in the mortgage loan process. We will discuss escrow hold back…
Mortgage Processing And Underwriting | Income And Employment | Qualifying & Getting Pre-approved | Videos
How Underwriters Analyze Bank Statements of Borrowers
This article delves into how underwriters analyze bank statements of borrowers. When individuals seek a mortgage loan, underwriters deem 60…
Payment Shock From Paying Rent To New Mortgage Payments
In this blog, we will discuss payment shock from paying rent as a renter to paying a mortgage as a…
Commission-Income Mortgage Guidelines
Mortgage lenders must adhere to the Ability to Repay (ATR) rule when underwriting. That means they must make sure that borrowers can afford the loan before they approve it.
Fannie Mae-Freddie Mac Charge-Off Guidelines On Conventional Loans
This blog post will explore the Fannie Mae-Freddie Mac charge-off guidelines applicable to conventional loans. Gustan Cho Associates has recently…
Mortgage During and After Divorce on Purchase and Refinance
In this blog, we will cover and discuss qualifying for a mortgage during and after divorce on purchase and refinance…
Part-Time Income To Full-Time Income Mortgage Guidelines
There are strict rules regarding the part-time income to full-time income mortgage guidelines. For part-time income to be used, borrowers…
What is an FHA Case Number on FHA Home Loans
This blog will cover and discuss the FHA case number on new FHA mortgage applications. We will also discuss transfers…
Jumbo Loan vs Conventional Loan Comparison | Rates and LTV
In this article, we will cover and discuss the comparison between jumbo loan vs conventional loan programs and the…
FHA Debt-To-Income Ratio Requirements
This blog will cover FHA debt-to-income ratio requirements for FHA loans. Just because borrowers meet all the HUD Agency Mortgage…
FHA Loans | High Debt To Income Ratio | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Overlays on Debt To Income Ratio on FHA Loans
This guide covers overlays on debt-to-income ratio on FHA loans. Homebuyers who got issued pre-approval from a mortgage loan originator…
Eliminating FHA Mortgage Insurance Premium
This guide covers eliminating FHA mortgage insurance premium by refinancing FNMA. Borrowers taking out an FHA insurance mortgage loan, besides…
Non-QM Down Payment Guidelines on Home Purchase
This guide covers non-QM down payment guidelines on home purchase. Non-QM down payment guidelines on home purchase for homebuyers on…
Mortgage Waiting Period Guidelines After Bankruptcy Dismissal
In this article, we will cover and discuss when you can get a mortgage approval after bankruptcy dismissal. There are…
How To Negotiate a Home Purchase Prior To Signing Contract
This guide covers how to negotiate a home purchase prior to signing a contract. How to negotiate a home purchase…
Conventional Loan Waiting Period After Deed-in-Lieu
The conventional loan waiting period after deed-in-lieu of foreclosure and short sale of four years is shorter than the 7-year…
Investor Cash-Flow Mortgage For Investment Properties
This guide covers investor cash-flow mortgage for investment properties. Gustan Cho Associates now offers investor cash-flow loan programs on investment…
