In this article, we will discuss and cover the VA cash-out eligibility guidelines for VA loans. VA loans are hands down the best mortgage loan program in the nation with no minimum credit score requirements, no maximum loan limit, no mortgage insurance, and no maximum loan limit. There are specific VA Cash-Out Eligibility Guidelines for…
This Article Is About Multiple FHA Loans At Same Time Mortgage Guidelines FHA loans are the second most popular loan program in the United States next to conventional loans. HUD, the parent of FHA, has more lenient mortgage lending guidelines than Fannie Mae and/or Freddie Mac. FHA loans have great benefits for first-time homebuyers, borrowers…
In this article, we will cover comparing the benefits of conventional versus FHA loans. Conventional and FHA loans are the two most popular mortgage loan options in the nation. Many folks, especially first-time homebuyers, do not realize which loan program is best for them. As far as they are concerned, a mortgage is a mortgage…
In this blog, we will cover and discuss the self-employed mortgage guidelines on both traditional and non-QM loans. Self-employed mortgage guidelines depend on the various loan programs. If you’re self-employed and reading this blog, you have more than likely run into trouble while attempting to get a mortgage. Self-employed mortgage guidelines on non-QM loans do…
Advice In Qualifying For Mortgage Loan With Judgment is that you can qualify for conventional and FHA loans with an outstanding judgment. A judgment is the worst thing you can ever have on your credit report. Outstanding collections and charged-off accounts can turn into a judgment. In the following paragraphs, we will cover and discuss…
In this blog on Non-QM Mortgage Brokers, we will cover the differences between a home inspection vs appraisal. The key difference between a home inspection vs appraisal is the home inspection is not required to be done by the lender. The home appraisal is mandatory. Many homebuyers feel getting a home inspection is not necessary…
In this blog, we will cover and discuss the best states to move to and states people are leaving. The coronavirus outbreak in February 2020 has changed the way we live forever. The whole country shut down due to the coronavirus outbreak or so-called pandemic. A lot of fear-mongering was going on by most state…