Apply Now In this blog, we will cover the benefits and reasons for owning versus renting a home. One of the misconceptions renters have is you need a 20% down payment, closing costs, and good credit to qualify for a mortgage. This is not the case. VA and USDA offer no down payment on a…
Apply Now The news of Fannie Mae making rent count towards mortgage automated underwriting system approve/eligible findings is huge news. What this means is if a borrower gets a refer/eligible per automated underwriting system findings (AUS), having rental verification could mean the refer/eligible can turn to an approve/eligible per automated underwriting system findings. The automated…
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