In this blog, we will cover and discuss compensating factors in mortgage on manual underwriting. HUD compensating factors guidelines on FHA and VA loans are limited to certain factors. Not all positive factors can be considered compensating factors by mortgage underwriters. Compensating factors in mortgage are important on manual underwrites where underwriters need to go…
In this article, we will cover and discuss how to qualify for jumbo loans after bankruptcy. There are various government, conventional, and non-QM jumbo loans after bankruptcy mortgage loan options for homebuyers and homeowners needing to refinance. We will discuss and cover How To Qualify For Jumbo Loan After Bankruptcy. There are waiting period requirements…
This article is about Jumbo Loans And The Types Of Jumbo Mortgages for homebuyers of higher-priced homes. The booming home prices nationwide have many homebuyers priced out of the housing market on government and conventional loans. Government and Conventional loan programs have maximum loan limits. The skyrocketing home prices are exceeding many folks going well…
High-Balance Conforming Loans are conventional loans with higher conforming loan limits in high-cost areas. It is estimated that conventional mortgages make up about 64% of the mortgage market in the U.S. In this article, we will detail a traditional loan product we offer nicknamed high balance conforming loans. This particular product is for counties where…