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Just kidding
Apparently using the “Charlie Brown” picture in a previous post was even more appropriate that I first thought. As you read last week, FHA had a new change coming that forced borrowers to pay off all...
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You don’t need 20% down to buy a home
I’ve often wondered why many people who talk with me about buying a home assume they need a 20% down payment. Since staring in the mortgage industry in 2007, I’ve always been able to offer a...
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Coming Soon: Asset Based Loan
In a recent post, I mentioned about conventional loans lowering the minimum credit score requirements and raising the debt to income ratio limit as signs that loan guidelines are easing. Another sign...
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Asset Based Loan Program
Looking to purchase a new home as a recent retiree with no history of receiving retirement income from your portfolio? What about someone who wants to purchase a home, but recently started their own...
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Loan Prequalification – Credit
While summer has begun, it won’t be too long before people begin to plan on buying a new home for the fall… a chance to be in a new home for the Thanksgiving… the holidays… New Years. The fall may...
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Delayed Financing
Let’s say you found a great deal on a home, but there is a problem. The home isn’t inhabitable… the plumbing was stolen out of the home, so there is no running water… there is major roof damage that...
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Relaxing Criteria for Condo Mortgages
Considering buying a condo now? Your timing is good then. In recent months, mortgage market makers Fannie Mae and Freddie Mac have loosened the lending requirements for condo purchases. You can buy...
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You Can Do It!! Part 1
A high percentage of Americans believe that owning your own home is a good thing. A recent study of 2,000 adults showed that 65% of Americans believe that owning your own home is an accomplishment...
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You Can Do It!! Part 3
Let’s finalize our mortgage myth busting process right now. We have previously exploded myths regarding the character and capital criteria in mortgage lending. Now let’s deal with myths regarding...
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So How Much Money Do You Make?
It pretty much goes without saying that everyone needs an income and most people need a job to qualify for a mortgage. “No duh, Sherlock, right?” Some people can qualify for a mortgage if they have...
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Delayed Financing
Let’s say you found a great deal on a home, but there is a problem. The home isn’t inhabitable… the plumbing was stolen out of the home, so there is no running water… there is major roof damage that...
View ArticleClik here to view.
Relaxing Criteria for Condo Mortgages
Considering buying a condo now? Your timing is good then. In recent months, mortgage market makers Fannie Mae and Freddie Mac have loosened the lending requirements for condo purchases. You can buy...
View ArticleClik here to view.
You Can Do It!! Part 1
A high percentage of Americans believe that owning your own home is a good thing. A recent study of 2,000 adults showed that 65% of Americans believe that owning your own home is an accomplishment...
View ArticleClik here to view.
You Can Do It!! Part 3
Let’s finalize our mortgage myth busting process right now. We have previously exploded myths regarding the character and capital criteria in mortgage lending. Now let’s deal with myths regarding...
View ArticleClik here to view.
So How Much Money Do You Make?
It pretty much goes without saying that everyone needs an income and most people need a job to qualify for a mortgage. “No duh, Sherlock, right?” Some people can qualify for a mortgage if they have...
View ArticleClik here to view.
Q: How Do You Earn? A: Salary or Hourly
If you saw my last post, you’ll remember that, in the mortgage world, how you earn your income is almost as important as how much income you earn. See http://bit.ly/1KT9Snx for a quick refresher. So...
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Delayed Financing
Let’s say you found a great deal on a home, but there is a problem. The home isn’t inhabitable… the plumbing was stolen out of the home, so there is no running water… there is major roof damage that...
View ArticleClik here to view.
Relaxing Criteria for Condo Mortgages
Considering buying a condo now? Your timing is good then. In recent months, mortgage market makers Fannie Mae and Freddie Mac have loosened the lending requirements for condo purchases. You can buy...
View ArticleClik here to view.
You Can Do It!! Part 1
A high percentage of Americans believe that owning your own home is a good thing. A recent study of 2,000 adults showed that 65% of Americans believe that owning your own home is an accomplishment...
View ArticleClik here to view.
You Can Do It!! Part 3
Let’s finalize our mortgage myth busting process right now. We have previously exploded myths regarding the character and capital criteria in mortgage lending. Now let’s deal with myths regarding...
View Article
