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 …
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 …
Fannie Mae Update: Deferred Student Loans Conventional Mortgage
Fannie Mae is one of the "Big Dawgs" when it comes to Conventional Mortgage Loan Underwriting Guidelines. If they say something will work, most lenders / banks will follow that lead and approve loans …
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FHA Construction Loans in NC
We offer FHA Construction Loans in NC, and it's a great option for those who have family land, or have purchased a lot that they want to build on. We make the loan to the land owner, and we give the …
2019 FHA Loan Limits in NC
FHA Loan Limits in NC are set to adjust annually, and the 2019 FHA Loan Limits in NC were just announced last month. The important thing to remember when viewing these changes is that 5 times in …