In this article, we will cover and discuss the steps to buying a house for first-time homebuyers with little to no down payment and low closing costs. Before starting the steps to buying a house, we will discuss what you need to do to get ready for the steps to buying a house and going…
In this article, we will be covering qualifying for an FHA loan after foreclosure waiting period requirements. HUD, the parent of FHA, has mandatory waiting period requirements after a housing event. A housing event is a foreclosure, a deed in lieu of foreclosure, or a short sale. We will also cover other mortgage loan options…
This guide covers mortgage rates on FHA vs conventional loan rates. Mortgage rates on FHA vs conventional loans have been steady for the past year. Mortgage rates on FHA vs conventional loans have been historically low. This is due to HUD, the Federal Housing Administration (FHA) parent, guaranteeing FHA loans. In general, mortgage rates on…
Apply Now In this blog, we will cover remote loan officer career opportunity as an independent MLO and branch manager at Gustan Cho Associates empowered by NEXA Mortgage, LLC. Are you tired of daily “9 to 5” grinding and doing the same routine day in and day out? Are you sick of your boss and…
Apply Now In this article, we will discuss how to write a letter of explanation to mortgage underwriters. Borrowers must get accustomed to writing letters of explanation to mortgage underwriters throughout the process. A letter of explanation to mortgage underwriters is just part of the program throughout the mortgage process. Mortgage underwriters will often ask…
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