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…
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Homebuyers Buying Homes in The Suburbs Fleeing City Life
Data Show More Homebuyers Buying Homes In The Suburbs And Fleeing City Life. More city dwellers are fleeing the city and buying homes in the suburbs due to the high crime rate in the city due to the Black Lives Matter Movement and incompetent politicians.
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How Credit Card Balance Affect Debt-To-Income Ratio
This guide covers how credit card balance affect debt-to-income ratio for mortgage borrowers. We will discuss the negative impact how…
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Everything You Need To Know About The Loan Estimate
In this blog, we will discuss and extensively cover everything you need to know about the loan estimate. The Loan…
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Manual Underwriting Versus Automated Approval
This guide covers manual underwriting versus automated approval. There are two types of Automated Underwriting Systems (AUS): Fannie Mae’s Automated…
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Freddie Mac Foreclosure Guidelines on Conventional Loans
This article covers Freddie Mac foreclosure guidelines on Conventional loans. Fannie Mae and Freddie Mac is the nations largest buyers…
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Getting a Mortgage With Student Loans
This guide covers getting a mortgage with student loans with high debt-to-income ratio. Getting a mortgage with student loans can…
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Importance of Job Stability When Buying a House
This guide covers the importance of job stability when buying a house with a mortgage. Income is the most important…
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Refer-Eligible Per Automated Underwriting System Findings
This article will cover and discuss refer-eligible per automated underwriting system findings. All mortgage loan applicants need to go through…
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Bad Credit Mortgages | Conventional Loans | FHA Loans | Mortgage After Bankruptcy and Foreclosure | Qualifying & Getting Pre-approved | Videos
FHA Versus Conventional Mortgage After Bankruptcy
This guide cover FHA versus conventional mortgage after bankruptcy. There are differences in when and how you can qualify for…
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How Lender Overlays Prevent Mortgages For Homebuyers
This guide covers how lender overlays prevent mortgages for homebuyers. The Federal Reserve Board announced that almost a third of…
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How Credit Scores Affect Conventional Loans
This guide covers how credit scores affect conventional loans. Two of the most popular mortgage loan programs today are FHA…
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How Homeowners Insurance Deductibles Work
This guide covers how homeowners insurance deductibles work. Homeowners insurance deductibles used to be straightforward. It was the dollar amount…
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The Importance of Debt-To-Income Ratio in Mortgages
This guide covers the importance of debt-to-income ratio in mortgages. Borrowers need to keep in mind the importance of debt-to-income…
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Written Payment Agreements With Creditors
This guide covers setting up written payment agreements with creditors and collection agencies so you can qualify and get pre-approved…
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VA Loans During Chapter 7 Versus 13 Bankruptcy
In this blog, we will cover and discuss the agency mortgage guidelines from the U.S. Department of Veterans Affairs for…
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First Payment After Closing For Mortgage Loan Borrowers
This guide covers the first payment after closing for mortgage loan borrowers. One of the most common questions new homebuyers…
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Mortgage Rates and Terms versus Credit Scores and LTV
This guide covers mortgage rates and terms compared to credit scores and loan-to-value. Homebuyers planning on buying a home should…
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DTI Overlays Required By Lenders on Home Loans
This guide covers the DTI overlays lenders require on government and conventional loans. DTI overlays are imposed on home mortgage…
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Mortgage Approval With Bad Credit and Late Payments
This guide covers mortgage approval with bad credit and late payments. Many consumers have had a period in their lives….
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Credit Scores Required For FHA and VA Loans
This guide covers the credit scores required for FHA and VA loans. Many borrowers are confused about the credit scores…
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Verified Funds For Home Closing Prior To Clear-To-Close
This guide covers verified funds for home closing before clear-to-close. Failure to provide verified funds for home closing before clear-to-close…
