HUD Mortgage Guidelines on FHA Loans
This blog will cover changes to HUD guidelines on FHA loans for 2023. Changes To HUD Guidelines on FHA loans for deferred student loans are…
Fannie Mae HomeReady Mortgage Guidelines
This guide covers Fannie Mae HomeReady mortgage guidelines on conventional loans. There are two home loan programs: government loans, which are insured by government agencies,…
HUD Condominium Guidelines on FHA Loans
In this blog, we will discuss and cover HUD condominium guidelines on FHA loans. HUD, the parent of FHA, is the federal agency that creates…
ARM Versus Fixed-Rate Mortgages
In this blog, we will cover and compare ARM versus Fixed-Rate Mortgages when buying and refinancing a home. Most mortgage loan programs, whether it is…
FHA 203k Loans For Minor and Standard Renovation Projects
In this guide on FHA 203k loans for the acquisition of fixer-uppers and homeowners who need to homeowners who need renovations, we will cover the…
Verification Of Rent Guidelines on Manual Underwrites
In this article, we will be covering the verification of rent guidelines on manual underwrites. FHA and VA loans are the only two mortgage loan…
Non-QM Jumbo Mortgages For Non-Prime Borrowers
In this blog, we will cover qualifying for non-QM jumbo mortgages for non-prime borrowers, self-employed borrowers, and homebuyers with low credit scores. Government and conventional…
Fannie Mae Guidelines on Mortgage Included in Bankruptcy
In this article, we will cover Fannie Mae guidelines on mortgage included in Bankruptcy. We will discuss what having a prior mortgage included in bankruptcy…
Mortgage After Filing Chapter 13 Bankruptcy
One of the frequently asked questions is can I qualify for a mortgage after filing Chapter 13 Bankruptcy without being discharged? A Chapter 13 Bankruptcy…
How Do Mortgage Underwriters View Bank Overdrafts
This article delves into how mortgage underwriters view bank overdrafts and their implications for mortgage approval. Every financial aspect of a borrower’s life is scrutinized…
First Time Home Buyer Mortgage Process
This guide covers first time home buyer mortgage process on getting pre-approved and closed on a home. The first step for first time home buyer…
How Buying a Car May Affect Mortgage Approval
Buying a car may affect mortgage approval for potential homebuyers. Many homebuyers often do not think about how buying a car may affect mortgage approval….
