Apply Now In this article, we will be covering qualifying for a mortgage with high debt-to-income ratio. Debt-to-income ratios is probably the most important factor when it comes to qualifying for a mortgage loan. Qualifying for mortgage with high debt-to-income ratio can become an issue no matter which mortgage loan program borrowers choose. The debt-to-income…
Get a Fast Quote: Click Here In this article, we will cover the USDA mortgage requirements and guidelines on home purchases. USDA loans are a very common and sought-after home loan program offered by private lenders and banks and insured by the U.S. Department of Agriculture Rural Development for rural and suburban areas throughout the…
This mortgage guide on Fannie Mae guidelines on conventional loans will cover the latest updates on Fannie Mae and Freddie Mac guidelines on changes in conforming loans. It will include loan limit increases in both standard median-priced areas and high-cost counties. Conventional loans are the mortgage loan of choice because borrowers are not stuck with…
Apply Now This Article Is About getting Chapter 13 Trustee Mortgage Approval on FHA or VA loans. You can buy a house during the repayment plan during Chapter 13 Bankruptcy. You do not have to wait until the Chapter 13 has been discharged. Not too many loan officers, realtors, or even bankruptcy attorneys realize that…
In this article, we will cover the difference between Conventional versus FHA loan guidelines. We will discuss the differences between Conventional versus FHA loan for borrowers. Borrowers may benefit from one loan program over the other. Each case will need to be evaluated on an individual case-by-case basis. There have been changes with Conventional versus…
Apply Now This ARTICLE On FHA Back to Work Extenuating Circumstances Mortgage Was PUBLISHED On April 1st, 2014 HUD has launched the FHA Back to Work Extenuating Circumstances Mortgage due to an economic event mortgage program last August 15, 2013: The Back to Work Mortgage waives the two-year waiting period after a bankruptcy and the…
Get a Fast Quote: Click Here In this blog, we will cover the mortgage loan options for home buyers bad credit. Many First Time Home Buyers do not realize the simplicity of qualifying for a mortgage and becoming homeowners. Many first time home buyers are under the impression that they need 20% down payment on…
Apply Now This Article Is About Conventional Home Loan With Bad Credit Mortgage Guidelines Conventional Loans have much tougher credit requirements than FHA Loans. Conventional Loans are not government loans. Conventional Loans are often called conforming loans because they need to conform to Fannie Mae and/or Freddie Mac Guidelines. The Federal Housing Finance Agency regulates…
Apply Now This Article Is About Freddie Mac HomeOne Mortgage Guidelines With Low Down Payment Freddie Mac HomeOne Mortgage Guidelines allow home buyers to qualify for conventional loans. Freddie Mac HomeOne Mortgage Guidelines allows first time home buyers to qualify for home purchase with a 3% down payment Freddie Mac created Freddie Mac HomeOne Mortgage Guidelines…
Ten major factors affect the mortgage rate a lender quotes you. They fall into two categories – factors you can control and others that are outside your control. Factors you control: What raises your mortgage rate – Anything that adds risk to the lender like a small down payment, low credit score, or a longer…
This Article Is About Advice On How Can I Improve My Credit Scores To Qualify For Mortgage Many consumers ask how can I improve my credit scores to qualify for mortgage? There a minimum credit score requirements to qualify for mortgages. Each loan program has its own credit score requirements. In this article, we will…
Apply Now This Article Is About How To Buy And Sell A House At The Same Time Current homeowners, who have decided to purchase another home and sell a current home, what should be done? Is there a way on How To Buy And Sell A House At The Same Time? What are tips on How…
Call Now 