FHA and Conforming High-Balance Mortgage Loans
Traversing the landscape of mortgage loans can be an intricate voyage, presenting many options tailored to meet diverse financial requirements….
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.
CHENOA DPA EDGE PROGRAM
This guide covers down payment assistance with CHENOA DPA EDGE PROGRAM. Down payment assistance program can be forgiveable or non-forgiveable….
How To Get Approved For a Home Mortgage With Bad Credit
This guide covers qualifying for a home mortgage with bad credit. One of the frequently asked questions by our clients…
How Do I Qualify For Private Money Loan To Invest in Real Estate
This guide covers the frequently asked question how do I qualify for private money loan to invest in real estate….
Business Cash-Flow Analysis For Self-Employed Wage Earners
This guide covers business cash-flow analysis for self-employed wage earners. Positive business cash-flow analysis is critical to effectively managing every…
Shopping For Best Mortgage Rates in California
This guide covers shopping for best mortgage rates in California on home purchase and refinance home loans. California is the…
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…
How To Get Your Ex-Spouse Off Your Mortgage After a Divorce
In this blog post, we’ll explore how to remove your ex-spouse from your mortgage following a divorce. Despite the overall…
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…
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…
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…
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…
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…
Right of Rescission Mortgage Guidelines on Refinances
This guide covers the right of rescission mortgage guidelines on refinances. As we have seen interest rates drop over the…
FHA Loans Bad Credit Georgia For Credit Scores Down to 500
FHA loans bad credit Georgia mortgage requirements and guidelines make FHA home mortgages the most popular loan program for first-time…
Credit Score Guidelines Versus Overlays By Mortgage Lenders
This guide covers credit score guidelines versus overlays by mortgage lenders. There are two types of credit score requirements to…
Can I Get an FHA Loan With Under 600 Credit Score
In this blog post, we’ll explore obtaining an FHA loan with a credit score under 600. Gustan Cho Associates specializes…
