Mortgage Blog

November 24, 2017

An In-Depth Look at Loan Limits: How, When and Why

When mortgage lenders issue a home loan they do so in part with having the ability to sell that loan in the secondary market. Long gone […]
November 22, 2017

VA Loans and Bankruptcy

A bankruptcy can do some serious harm to a credit score. On average, a bankruptcy filing can knock a credit score by more than 200 points. […]
November 21, 2017

What is a Verification of Rent?

A Verification of Rent, or VOR, is pretty much what it sounds like. A verification of rent is the process of verifying someone’s rental history and […]
November 19, 2017

What Is The Automated Underwriting System?

Most every financial transaction today is performed electronically. Checking out at the line in the grocery store, opening up a new savings account and other common […]
November 17, 2017

The Physician Home Loan Program

Getting a college degree takes time and money. And in many cases, lots of it. As college costs continue to rise, it costs more money than […]
November 15, 2017

Home Loan Timeline: From Application to Final Funding

Borrowers can do quite a bit of “pre-game” before submitting a loan application. First, there’s the thought of buying a house and getting a mortgage or […]
November 13, 2017

How to Write a Letter of Explanation to Mortgage Underwriters

A mortgage loan application goes through different stages prior to loan documents being delivered to the settlement agent. First, the applicant speaks with a loan officer […]
November 9, 2017

FHA Loans with Outstanding Tax Liens

With FHA loans and other mortgages, they are considered “secured.” That means the property can never change hands until and unless the secured liens are satisfied. […]
November 8, 2017

Qualifying for FHA Loans with Outstanding Judgments

The FHA loan program is one of the more lenient mortgage programs in today’s mortgage marketplace as it relates to credit and other qualifying factors, especially […]
November 6, 2017

FHA Loans with Collections and Charged Off Accounts

FHA loans are one of three so-called “government-backed” mortgage loan programs. They’re sometimes referred to as government-backed not because the government approves the loan or is […]
November 2, 2017

VA Loans with High DTI

VA Loans with High DTI VA loans are evaluated in much the same manner as any other mortgage. Borrowers must be able to demonstrate a responsible […]
October 24, 2017

Mortgages for Foreign Nationals

When applying for a mortgage loan here in the United States there is a small box that needs to be checked that asks if the applicant […]