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…
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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…
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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.
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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….
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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….
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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…
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Housing Demand Strong Despite Highest Mortgage Rates
This guide covers housing demand that is strong despite the highest mortgage rates and surging inflation numbers. Home sales throughout…
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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.
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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580 Score VA Financing With No Lender Overlays
This guide covers 580 score VA financing for eligible veteran homebuyers and homeowners. The team at Gustan Cho Associates are…
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AUS-Approval To VA Manual Underwrite Downgrade
When does an automated underwriting system approved file get downgraded to a VA manual underwrite downgrade on VA loans happen?…
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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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Difference Between a Job Versus a Career As a Loan Officer
What is the difference between a job versus a career? Is my job a career? What is the difference between…
