Tag: foreclosure

2022 Fannie Mae Guidelines On Mortgage After Foreclosure

Fannie Mae Guidelines On Mortgage After Foreclosure There are new 2022 Fannie Mae Guidelines On Mortgage After Foreclosure and qualifying for a conventional loan.  Both government-sponsored entities (GSEs) Fannie Mae and Freddie Mac treat foreclosure and deed-in-lieu of foreclosure differently than FHA does.  All mortgage programs out there have their own specific guidelines with regards

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Conventional Loan Waiting Period

Conventional Loan Waiting Period: After Bankruptcy and Foreclosure If you have gone through a derogatory time in your past and have negative items on your credit and want to obtain a conventional loan, then you will need to the Conventional Loan Waiting Period for these different issues.  There are different Conventional Loan Waiting Period requirements

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Mortgage Included in Bankruptcy? Here’s How You May Still Qualify for a Home Loan

Mortgage Included in Bankruptcy? Here’s How You May Still Qualify for a Home Loan Filing for bankruptcy is typically the action of last resort. Consumers who find themselves in dire financial straits without seeing any way out of their current circumstances are forced to file for bankruptcy in order to protect their assets. Yet a

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White House Suspends FHA MIP Reduction

White House Suspends FHA MIP Reduction: Housing Market Reacts Well this didn’t take long and after President Trump was in office for less than 1 hour the White House Suspends FHA MIP Reduction (Mortgage Insurance Premium).  If you haven’t read my article on the FHA MIP reduction and the positive affects it was going to have

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