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…
Manual Downgrade From AUS Approval on FHA Loans
In this blog, we will discuss and cover the manual downgrade from AUS approval on FHA loans. Manual Downgrade From…
Fannie Mae vs HUD Guidelines Mortgage in Bankruptcy
If you have a mortgage included in a bankruptcy, the waiting period guidelines are more favorable on conventional versus FHA loans
How Underwriters View Unsourced Funds In Mortgage Process
This guide covers how underwriters view unsourced funds while analyzing and reviewing a borrower. Unsourced funds have no paper trail,…
Why Underwriters Issue Denials
This guide covers why underwriters issue denials on mortgage loans. The mortgage process should not be a stressful process and…
Comparison of Mortgage Rates on Purchase and Refinance
This guide covers comparison of mortgage rates on purchase and refinance loans. Mortgage rates have been steadily going up to…
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…
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…
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…
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…
Using FHA Loans For Self-Employed Borrowers to Buy a Home
In this blog, we will discuss and cover using FHA loans for self-employed borrowers on a home purchase. Using FHA…
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…
Identity Theft Process During The Mortgage
This guide covers identity theft process during mortgage application process. Identity theft process is one of the fastest growing crimes…
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…
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…
How to Get a Home Loan With No Credit
Many people have no credit score. This can make getting a mortgage to buy a home harder. However, it’s not impossible. You can re-establish credit after bankruptcy or other serious credit problems. And if you have no credit score at all, lenders can approve you with a non-traditional credit report.
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….
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…
