Conventional Loan Reserve Requirements Mortgage reserves are a vital element in the approval process of mortgage applications. They provide a financial cushion for borrowers, demonstrating their ability to cover housing…
How Much of a Home Loan Can I Get With a 650 Credit Score? The loan amount you can get with a 650 credit score is primarily based upon…
What Disqualifies a Home from a USDA Loan One key aspect that can disqualify a home from a USDA loan is the specific nature of the location. To be precise,…
100 Percent Disabled Veteran Home Loan A 100 percent Disabled Veteran Home Loan is more than just a loan. It’s a way for our country to thank its disabled veterans…
Foreclosure Bailout Loan Options A foreclosure bailout loan is a lifeline provided to homeowners who are facing foreclosure, or who are looking to purchase a home soon after a foreclosure…
Refinance to Buyout an Estate Refinancing an inherited home enables you to clear any existing debts tied to the home and gain funds to acquire the remaining ownership held by…
Gift of Equity to Purchase a Home: A Guide for First-Time Buyers You can buy a house at lower price when using a gift of equity from a relative. It’s…
Mortgage with Adoption Income Adopting children can put a financial strain on any household, but the adoption assistance income can be used to help qualify for a mortgage if the…
Conventional Loan Income Requirements Securing a conventional home loan requires meeting certain income guidelines set by Fannie Mae and the lenders. This often includes a minimum of two years of…
Do You Have to Disclose a Foreclosure After 7 Years? Imagine turning over a new leaf after enduring the stress of a foreclosure, only to have it reappear when you’re…
Speak to a Lender Now