USDA has long seen the benefit of a College Degree - and in fact USDA Home Loan Underwriters will use Higher Education as a "compensating factor" when a family is close on the debt ratios! Unlike FHA …
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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USDA Loans in Greensboro NC
We make a ton of loans to folks who live in Greensboro. We are especially attached to that area because that's where our daughter is in college. IF you are interested in buying a home in Greensboro …
Take Our Advice, Follow Directions When Applying For A Mortgage
I don't normally write about this sort of thing - but I think we need to have a quick "fire side chat." By that, I mean that I think it's important for you to know what's really happening over here …
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Detached Condo Requirements Fannie Mae Loans
FNMA has removed the requirement for a limited condo review for a detached condo project. Detached condos must meet general property/appraisal standards, insurance and priority lien requirements BUT …
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How to Buy A House After A Hurricane
There's a special Government Program designed to help folks who were hit by Hurricane Florence and Hurricane Michael this fall. This program, available in NC works for those who previously owned a …
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