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…
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…
Why Underwriters Issue Denials
This guide covers why underwriters issue denials on mortgage loans. The mortgage process should not be a stressful process and…
Buying an Investment Property Using a Conventional Loan
This guide covers buying an investment property using a conventional loan. Buying an investment property using a conventional loan with…
Home Inspection Before Starting The Mortgage Process
This guide covers home inspection before proceeding with the mortgage process. A home inspection is an inspection of a home…
VA AUS Approval With Low Credit Scores and High DTI
In this article, we will discuss VA AUS approval versus manual underwriting on VA loans. VA loans are the best…
Earnest Money on Home Purchase Transaction
This guide covers what is earnest money on home purchase. Earnest money is a deposit a homebuyer submits with the…
HUD Waiting Period Guidelines After Chapter 13 on FHA Loans
In this blog, we will discuss and cover HUD waiting period guidelines after Chapter 13 on FHA loans. Why is…
Do All Lenders Have The Same Guidelines on Mortgage Loans
In this article, we will be covering the topic on are all mortgage lenders the same. Choosing the right mortgage…
Working With A Loan Officer During The Mortgage Loan Process
In this blog, we’ll explore the process of working with a loan officer during your mortgage application. Choosing a loan…
VA Mortgage Loans In Arizona Eligibility Requirements
We will be covering qualifying and getting approved for VA mortgage loans in Arizona. Arizona is one of the most…
VA Loan With Prior Mortgage Included in Bankruptcy
In this blog, we will discuss and cover qualifying for a VA loan with prior mortgage included in bankruptcy. VA…
Credit Scores and Mortgage Rates versus Pricing Adjustments
This guide covers credit scores and mortgage rates versus pricing adjustments. Credit scores and mortgage rates go side by side….
What Is PMI on Conventional Loans
This guide covers what is PMI on conventional loans. What Is PMI? One of the most common questions I often…
Using 401k To Purchase Home Down Payment
Many homebuyers have substantial value on their 401k. They can use up to 60% of the value of their 401k for their down payment and/or closing costs on their home purchase. The amount used from their 401k is not used for their debt to income ratio calculations.
Housing Demand Strong Despite Highest Mortgage Rates
This guide covers housing demand strong despite highest mortgage rates and surging inflation numbers. Home sales throughout the United States…
Correspondent Lending Versus Mortgage Brokers
This blog aims to explore the difference between correspondent lending and mortgage brokers. A common inquiry we receive regularly pertains…
What Is PITI In Mortgage?
All mortgage loan programs require a maximum front debt-income ratio and back debt to income ratio. However, conventional loans do not require a front debt to income ratio. VA loans do not have a debt to income ratio requirements. Lenders can have lender over lender overlays on debt to income ratios.
Freddie Mac HomeOne Mortgage Loan Program
In this blog, we will cover the Freddie Mac HomeOne Mortgage Loan Program. Fannie Mae and Freddie Mac are the…
Qualifying For The Lowest FHA Mortgage Rates on FHA Loans
This guide covers qualifying for the lowest FHA mortgage rates on FHA loans. Qualifying for the lowest FHA mortgage rates…
