Resources and News

FHA Loans | Qualifying for FHA LoansWhen qualifying for FHA loans, guidelines can be easier to qualify for when it comes to credit. This is made possible through the Federal Housing Administration by insuring loans made by FHA-approved lenders. Some lenders may have tougher guidelines than others and do not...

9 Reasons Why a Delaware LLC is Preferred | Investment Real Estate LLC There are opinions when it comes to a best state to form your investment real estate LLC. When looking for commercial lenders, often they require borrowers to form a Delaware LLC. The advantages on why a Delaware...

Multi-Family Mortgage Loan Requirements | Down Payment OptionsMulti-family mortgage loan requirements depend on the mortgage company and agency guidelines. Finding the right multi-family rates and multi-family mortgage company can be a difficult task.The problem is multi-family property guidelines vary depending on guidelines and lenders. Understanding the requirements will save time...

Nationwide Mortgage Rates | Nationwide Mortgage Interest Rates TodayIn order to get pricing on a loan, a borrower should either call a licensed Loan Originator or fill out the loan information form to get Nationwide Mortgage interest rates today. A licensed Loan Originator will take the time to price out...

Buying a House After Foreclosure and Bankruptcy | Minimum GuidelinesThere are loan programs with no waiting period after bankruptcy and foreclosure. Government loans allow you to obtain financing while in a Chapter 13 bankruptcy. Seasoning for each loan program vary when:Buying a house after foreclosure.Seasoning on short sale or deed-in-lieu...

DSCR Second Mortgage for Investment PropertiesLooking to cash out on an investment property, but your current mortgage has a good interest rate? A debt-service coverage ratio second mortgage for investment properties is a solution to tap into the equity while leaving the first mortgage untouched. These types of loan are...

DSR Loan for Investment Properties | Debt Service Ratio CalculatorThe DSR loan, also known as a DSCR loan, is a way to qualify for an investment mortgage without personal debt-to-income ratios.DSR stands for debt-service ratio.DSCR stands for debt-service coverage ratio.The DSR mortgage comes in 30 year fixed rates and a...

Calculating Self-Employed Income for a MortgageCalculating self-employed income for a mortgage can depend on whether you are taking the traditional or non-qualified mortgage route. When calculating self-employed income, underwriters prepare a written evaluation of analysis by using a worksheet to break down income. The reason why an underwriter uses a...

FHA Manual Underwriting & VA Manual Underwriting GuidelinesAre you looking for FHA manual underwriting or VA manual underwriting guidelines? Not all lenders are willing to manually underwrite government loans due to mortgage lender overlays. There are factors that can trigger a loan to be manually underwritten or the risk can...

Mortgage Pre-Approval Process | Properly Pre-Approved for a MortgageeLooking for a fast mortgage pre-approval? The mortgage pre-approval process is one of the most important first steps to home ownership and the mortgage process. One major reason why borrowers stress during the loan process is because they have not been pre-approved...