FHA changed it's underwriting criteria for mortgage loan approval earlier this month. The changes are designed to limit the AUS approvals of borrowers with lower credit scores, high debt ratio …
Borrowing Money For Your Home From Your Family
We talk to folks who don’t have quite enough money saved up for a down payment for their dream home, and they want to “Borrow” the money from their Family. Borrowing from the “Bank of Mom and Dad” …
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FHA and Non-Occupying Co-Signors
FHA has a unique qualification / underwriting guideline, that allows you to purchase a home, with a relative that does not live in the house... "The FHA and Non-Occupying Co-Signors Program" is …
COVID-19 Mortgage Guideline Changes
The Corona Virus has changed many economic models and forecasts that no one apparently saw coming. Because of this, those folks who buy mortgages, and the Institutions who agree to put mortgage …
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Nontraditional Credit
Do you really want to get out of that apartment? Did you know that NOW is that time you can make a KILLING buying real estate and DUMP your roommates?? Nontraditional Credit might be a way to do this …
Refinance Options For FHA Mortgages
If you currently have an FHA Mortgage, we might want to peak and see if you're eligible for an FHA Streamline Refinance. This is a great program, that differs GREATLY from other mortgage programs! …
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