Property Taxes Can Determine Buying Power on Homes
This guide covers how property taxes can determine buying power on home purchase. Every homeowner needs to pay property taxes….
Overages of Seller Concessions To Pay For Closing Costs
Homebuyers should ask for seller concessions from the home seller to pay closing costs. There are two types of costs…
Bad Credit Mortgages | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Denied For FHA Loan With Good Credit on Home Purchase
This guide covers the frequently asked question can I get denied for FHA loan with good credit on home purchase….
VA Loans Illinois Bad Credit With No Overlays and High DTI
This article Is about qualifying for VA loans Illinois bad credit with no overlays and high debt-to-income ratio. VA loans…
Mortgage Approval Conditions and Clearing For a CTC
The initial loan approval from the mortgage loan approval lists a set of conditions from the mortgage loan underwriter. Once the loan conditions are satisfied, the mortgage underwriter will issue will issue a clear to close.
How to Get The Best Mortgage Rates
This guide covers how to get the best mortgage rates on a home loan. How to get the best mortgage…
Buying Second Primary Home and Renting My First House
This guide covers buying a second home and renting the exiting home. Many hard-working folks plan on retiring and moving…
What Are The Top Home Buyer Concerns Purchasing First Home
This guide covers home buyer concerns buying their first-home. A home purchase is most people’s single largest investment in their…
Third-Party Search By Mortgage Lenders
This guide covers about the third-party search by mortgage lenders during the underwriting process. Mortgage lenders will pull three credit…
Can I Get Low Rates With High FICO For a Mortgage
When saving money buying a house, remember one key thing, low rates with FICO credit scores. This article will cover…
Mortgage After Bankruptcy and Foreclosure | Manual Underwriting | Qualifying & Getting Pre-approved | Videos
Bankruptcy Dismissal Versus Discharge Mortgage Guidelines
In this blog, we will cover and discuss the difference when qualifying for a mortgage after bankruptcy dismissal versus bankruptcy…
How Solid Is Your Pre-Approval For Home Purchase Mortgage
This guide covers how solid is your pre-approval for a home purchase mortgage. A mortgage pre-approval letter means that a…
Mortgage Refinance Costs Can Be Paid With Lender Credit
Lenders can cover borrowers’ mortgage refinance costs with a lender, credit in lieu of a higher mortgage rate to the…
Government and Conventional Loans After Bankruptcy
This guide covers government and conventional loans after bankruptcy and foreclosure. There are mandatory waiting period requirements on government and…
Qualifying For a Home Mortgage Moving To New Home
This guide covers qualifying and getting approved for a home mortgage moving to new home. Moving to new home is…
Subprime Loans and NON-QM Mortgage Guidelines
This guide covers subprime loans and non-QM mortgages. Borrowers who have bad credit or not enough income due to self-employment…
Chapter 13 Versus Chapter 7 Bankruptcy Mortgage Guidelines
In this blog, we will cover and discuss the mortgage guidelines Chapter 13 versus Chapter 7 Bankruptcy. Homebuyers qualifying for…
How Can I Qualify For W2-Only Income Mortgages
Homebuyers with pending income tax returns or significant unreimbursed business expenses may be eligible for W2-only income mortgages. Gustan Cho…
Mortgage Loan Programs With No Overlays and 30-Day Closing
In this blog, we will cover and discuss mortgage loan programs with no overlays and closing in 30 days. The…
Buying Versus Renting a Home For First-Time Homebuyers
This guide covers buying versus renting a home for first-time homebuyers. One thing I have come to realize looking back,…
FHA Bankruptcy Waiting Periods After Chapters 7 And 13
This article is about FHA Bankruptcy waiting periods after Chapters 7 and 13. FHA Bankruptcy wqiting period requirements were release…
How Underwriters View Overdrafts in Bank Statements
Most mortgage lenders typically disapprove of overdrafts in bank statements. The presence of overdrafts in bank statements is viewed negatively…
