This Article Is About Identity Theft During FHA Loan Process Will Delay Home Closing Homebuyers can still qualify for a mortgage loan if they are victims of identity theft. Since the credit report is not accurate, the only way borrowers can get approved for a home loan is with a manual underwriting. FHA and VA…
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 meticulously in mortgage lending. From credit scores to debt-to-income ratios, lenders aim to the risk associated with approving a mortgage loan. Bank overdrafts are often overlooked but significant aspects of…
This BLOG On Tops Reasons Why Mortgage Loans Do Not Close On Time Was UPDATED And PUBLISHED On January 23rd, 2020 The majority of mortgage loans close on time once a borrower is pre-approved. However, there are cases where why mortgage loans do not close on time or why mortgage loans do not close at all….
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