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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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….
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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…
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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.
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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…
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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…
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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.
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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…
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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…
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Factors Affect Pre-Approval And Stress During Mortgage Process
This article explores the Factors Affect Pre-Approval And Stress During Mortgage Process. Once individuals decide to purchase a home, the…
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Purchase and Refinance Jumbo Loan Mortgage Options
This guide covers home purchase and refinance Jumbo loan mortgage loan options. There are traditional and non-qm jumbo loans for…
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Property Homeowners Insurance is Required By Lenders
Brent Norkus, an insurance agent for Goosehead Insurance covers property homeowners insurance in this extensive guide. Property homeowners insurance is…
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Mortgage Loan Options With Bad Credit After Bankruptcy
This guide covers mortgage loan options with bad credit after bankruptcy on home purchase and refinance loans. One of the…
