Home Loan Approval After Losing Job During Mortgage Process
This guide covers how to close on home loan after losing job during mortgage process. We will show you qualifying…
-
-
Mortgage Underwriter Errors
This guide covers mortgage underwriter errors that cause borrowers to be denied a loan. Mortgage underwriter errors do happen. Underwriters…
-
Difference Between FHA and Conventional Mortgage Guidelines
This guide covers the difference between FHA and Conventional mortgage guidelines. Many homebuyers, especially first-time buyers shopping for homes often…
-
Truth in Lending Disclosure During The Mortgage Process
This guide covers the truth in lending disclosure during the mortgage process. Mortgage disclosures are required to be disclosed to…
-
Using Realtor Commission For Home Purchase Down Payment
This guide covers using realtor commission for home purchase down payment. This article delves into using realtor commission for a…
-
What Is a 3-2-1 Buydown Mortgage?
Home prices are still at an all-time high, with mortgage rates north of seven percent. The current mortgage market is…
-
Mortgage With New Job Lending Requirements and Guidelines
This article delves into the lending prerequisites and regulations concerning mortgage with new job. It addresses the misconception that one…
-
How To Get Approved For FHA Loans With No Credit Scores
Gustan Cho Associates are experts when analyzing consumer credit reports. Since we do not have lender overlays, we see all…
-
Low Appraisal on Home Purchase and Solutions For Borrowers
This guide covers low appraisal on home purchase and solutions for mortgage borrowers. We will discuss solutions to low appraisal…
-
Which Mortgage Is Right for Me? The Top 5 Mortgage Types
Every mortgage borrower is different. Your income, debts, credit rating, savings, and goals are unlike anyone else’s. The best mortgage for your neighbor might be the worst home loan for you.
-
VA Credit Score Agency Guidelines Versus Lender Overlays
This guide covers VA credit agency guidelines versus lender overlays on VA loans. Understanding VA Credit Score Agency Guidelines is…
-
Mortgage After Unemployment With Job Gaps
This article will discuss and cover qualifying for a mortgage after unemployment. Homebuyers do not need a two-year employment history…
-
Moving To Another Owner-Occupied Home Without Selling
In this blog, we will cover and discuss buying and moving to another owner-occupied home without selling their first home….
-
FHA Guidelines on Manufactured Home Loans
This guide covers FHA Guidelines on Manufactured Home Loans. FHA Guidelines on manufactured home loans are released. HUD, the parent…
-
FHA Appraisals Versus Conventional Appraisals Guidelines
This article examines and clarifies the criteria for FHA Appraisals Versus Conventional Appraisals. There are significant differences in the guidelines…
-
Commission-Income Mortgage Guidelines
Mortgage lenders must adhere to the Ability to Repay (ATR) rule when underwriting. That means they must make sure that borrowers can afford the loan before they approve it.
-
Jumbo Loan vs Conventional Loan Comparison | Rates and LTV
In this article, we will cover and discuss the comparison between jumbo loan vs conventional loan programs and the differences…
-
Non-QM Down Payment Guidelines on Home Purchase
This guide covers non-QM down payment guidelines on home purchase. Non-QM down payment guidelines on home purchase for homebuyers on…
-
Mortgage Waiting Period Guidelines After Bankruptcy Dismissal
In this article, we will cover and discuss when you can get a mortgage approval after bankruptcy dismissal. There are…
-
Investor Cash-Flow Mortgage For Investment Properties
Gustan Cho Associates now offers investor cash-flow loan programs on investment properties. One of the requirements on investor cash-flow mortgage…
-
Debt-To-Income Ratio Limit To Qualify For Mortgage Loan
This GUIDE covers debt-to-income ratio limit to qualify for a mortgage loan. Home loans and debt-to-income ratio limit. Every mortgage…
-
Conventional Refinance Loan With No PMI
Homeowners With FHA Loans Should Consider A Conventional Refinance Loan While Mortgage Rates Are At Historic Lows And Avoid Paying FHA MIP. Mortgage rates are at historic lows and many home values have skyrocketed in the past several years. Many homeowners with FHA loans can benefit by refinancing to a conventional mortgage and avoid paying LPMI.
