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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Impact of FHA Guidelines on DTI and Student Loans
Struggling with student loan debt can often feel like attempting to run a marathon with a heavy backpack, particularly when…
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High Debt To Income Ratio | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Paying Down Credit Card Balances to Boost Credit Scores
This guide covers paying down credit card balances to boost credit scores and lower high debt-to-income ratios to qualify for…
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Automated Underwriting System Findings on Home Mortgages
In this guide we will cover and discuss the automated underwriting system approval, which is also referred to as AUS…
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Bank Statement Loans for Self-Employed Borrowers
In this guide, we will discuss and cover bank statement loans for self-employed borrowers. Non-QM Loans and Bank Statement Loans…
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Credit Score Versus Credit History for Mortgage Approval
A qualifying credit score is important when you apply for a mortgage, but it is not the only part of…
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Bad Credit Mortgages | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Lowest Credit Score Allowed For Mortgage Approvals
Many homebuyers worry that a low credit score will automatically stop them from qualifying for a home loan. The lowest…
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Compensating Factors | FHA Loans | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Chapter 13 Cash-Out Refinance Guidelines During Repayment
According to VA and HUD Chapter 13 cash-out refinance guidelines, homeowners may be eligible for a cash-out refinance on an…
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Mortgage After Bankruptcy and Foreclosure | Bankruptcy | FHA Loans | Manual Underwriting | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | VA Loans | 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…
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Upfront Mortgage Costs vs. Closing Costs: Key Differences
Why is the lender asking you to pay for an appraisal or credit report before you are fully approved? It…
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Mortgage Rates During the COVID-19 Pandemic
Mortgage rates during the COVID-19 pandemic changed quickly and did not affect every borrower the same way. National averages eventually…
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Mortgage Processing And Underwriting | Automated Underwriting System | Qualifying & Getting Pre-approved | Videos
Mortgage Loan Underwriting Process for Home Buyers
Mortgage Loan Underwriting Process: Simple, Step-by-Step Guide The mortgage loan underwriting process is the lender’s review of your income, credit,…
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FHA Loans with 500 FICO Credit Score
HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.
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Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Impact of Credit Score Changes During Mortgage Process
This guide covers the impact of credit score changes during mortgage process and how it impacts borrowers. Credit Score Changes…
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Conventional Loans | FHA Loans | Home Improvement/Renovations | NON-QM Loans | Refinancing | Verification of Employment | Videos
Cash-Out Refinance Mortgage Guidelines on Home Loans
A cash-out refinance mortgage allows homeowners to use the value they’ve built up in their house. It means getting a…
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15-Year versus 30-Year Fixed-Rate Mortgages Comparison
This guide covers 15-year versus 30-year fixed rate mortgages on loan programs. All residential mortgage loan programs have amortized terms. …
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Documents Needed for a Mortgage: A Simple Buyer’s Checklist
Buying a home involves paperwork, and it can be frustrating when your lender asks for additional documents after you have…
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Income And Employment | No-Ratio Mortgage Loans | NON-QM Loans | Qualifying & Getting Pre-approved | Videos
1099-Income versus W-2 Income Mortgage Guidelines
1099-Income versus W-2 Income: How It Affects Your Mortgage Approval When applying for a mortgage, the type of income you…
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Automated Underwriting System | FHA Loans | Home Mortgages | Manual Underwriting | Mortgage Denial | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Videos
Applying for Mortgage with Another Lender When Denied
In this article, we will cover and discuss applying for mortgage with another lender when denied by the original lender….
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Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Regulations | Videos
Closing Costs on Loan Estimate versus Closing Disclosure
Closing costs on the loan estimate versus closing disclosure will most likely be different. The itemized closing costs on the…
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Buying Townhouse versus Single-Family Homes
More and more homebuyers are gravitating towards a townhome purchase versus a single-family home during today’s booming housing market
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Buyer Solutions to Multiple Offers on Home Purchase
Best Buyer Solutions to Multiple Offers on Home Purchase This guide covers buyers solutions to multiple offers on home purchase….
