What is The Difference Between ARM Versus Fixed-Rate Mortgages
In this blog, we will cover ARM versus fixed-rate mortgages. ARM stands for an adjustable-rate mortgage. Adjustable-Rate Mortgage is when…
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Excluding Debts From Co-Signed Loans To Qualify For Mortgage
This guide covers excluding debts from co-signed loans to qualify for mortgage loans. Mortgage borrowers who are co-signers on debts…
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Is This The Year of the Housing Bubble?
Rumors are flying about a possible housing bubble in the US. Are they based in fact, or is this wishful thinking on the part of frustrated would-be buyers?
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FHA Mortgage Guidelines on Credit Disputes
This blog will discuss FHA mortgage guidelines on credit disputes during the mortgage process. In general, you cannot have credit…
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How to Avoid Delays in Mortgage Loan Closings
This guide covers how to avoid delays in mortgage loan closings. When homebuyers enter a real estate purchase contract, the…
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Florida Housing Market For Homebuyers and Renters
There is no sign of any housing market crash, especially in Florida. Home prices are booming with no signs of any correction.
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1099 And Self Employed Borrowers Mortgage Guidelines
More and more people are choosing self-employment or contract work as their source of income. This trend means that mortgage…
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First-Time Buyer 3 Percent Down Payment Conventional Loan
What Are The 3% Down Payment Conventional Loan Requirements And Guidelines? Fannie Mae and Freddie Mac allow a 3% down payment on conventional loans for first-time homebuyers. A first-time homebuyer is a buyer who had no ownership of a home in the past three years.
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Bank Statement Deposit Only Mortgage For Self-Employed Borrowers
This blog will discuss and cover bank statement deposit only mortgage for self-employed borrowers with no income tax returns required….
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How Underwriters Look at Credit Report vs Credit Scores
This blog will cover how mortgage underwriters look at credit report vs credit scores. Minimum credit scores are required to…
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Appraisal Issues During Home Buying and Mortgage Process
In this blog, we will discuss and cover appraisal issues during the home buying and mortgage process. The word “appraisal”…
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FHA Loan After Chapter 13 Bankruptcy in North Dakota
In this blog, we will discuss and cover the mortgage guidelines for getting qualified and approved for an FHA loan…
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Mortgage Lender Complaints and Bad Reviews by Borrowers
It’s important to note that Mortgage Lender Complaints and Bad Reviews submitted by borrowers do exist, but readers should understand…
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Refinance Mortgage When House Is Still Listed For Sale By Owners
In this article, we will discuss and cover Refinance Mortgage When House Is Still Listed For Sale By Owners. In…
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What is a Credit Supplement For a Mortgage
This guide covers what a credit supplement in a mortgage is and how it works. There are three major credit…
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Funds In Bank Statements That Cannot Be Used By Lenders
This guide covers funds in bank statements that mortgage lenders cannot use. All funds in bank statements that are newer…
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Upfront Costs For Mortgage Loans Prior To Closing
This guide covers upfront costs for mortgage loans prior to closing. What would you do as a borrower if a…
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First Time Home Buyers | Home Mortgages | Home Purchase | Qualifying & Getting Pre-approved | Videos
Is Homeownership The Best Way To Build Wealth?
This blog will cover how to build wealth by owning versus renting a home. We will show you how quickly…
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How Property Taxes in Mortgage Qualification Affects DTI
This guide covers property taxes in mortgage qualification and how it affects debt-to-income ratios. For homebuyers, especially first-time home buyers,…
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NON-QM Loans After Bankruptcy With Bad Credit and Low FICO
Non-QM loans after bankruptcy and foreclosure allow homebuyers to purchase a home with no waiting period after bankruptcy and/or a…
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How Do Mortgage Lenders View Charge-Offs
In this article, we will cover how do mortgage lenders view charge-offs. One of the frequently asked questions at Gustan…
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NON-QM Loans | Bank Statement Loans | Jumbo Loans | No-Ratio Mortgage Loans | Qualifying & Getting Pre-approved | Videos
Using Non-QM Versus Jumbo Mortgages
In this blog, we will cover and discuss using non-QM versus jumbo mortgages to purchase high-end homes. Using non-QM versus…
