January 8, 2017
mae-freddie

What Is The Difference Between Fannie Mae And Freddie Mac

Before we get started with the differences, it is important that we understand what Fannie Mae and Freddie Mac are. They are basically two companies that […]
January 8, 2017
W-2 FHA-Mortgage-Loan

How to Qualify For a W-2 FHA Income Only Mortgage Loan

W-2 FHA income only mortgage loan programs differ from the other loans in a way that you do not have to furbish documentations for supporting all […]
January 7, 2017
Non-QM-Loan1

What Is A Non QM Loan (Non-Qualifying Loan)

Since January 2014, there have been two separate categories of loan, namely qualified loans and non-qualified loans, which means that lenders will be treating each group […]
January 7, 2017
Desktop-Underwriter-3

The Difference between Desktop Underwriter (DU) and Loan Prospector (LP)

Technological advancements have led to the evolution of the process of loan underwriting. Nowadays, complex automated systems are being used to determine the qualification criteria. Automated […]
November 29, 2016
what is CHDAP

What Is “California Home Buyer Down Payment Assistance Program” (CHDAP)

Learning about the California Homebuyer’s Down Payment Assistance Program (CHDAP) The U.S house market is recovering at a remarkable rate, and it has led to a […]
November 29, 2016
California Extra Credit Teacher Home Purchase Program

What Is a “California Extra Credit Teacher Home Purchase Program” (ECTP)

Learning about the ECTP Program Extra Credit Teacher Home Purchase Program (ECTP) is for school employees and working staff. It is open for people who are […]
November 4, 2016
Can I Qualify For A Mortgage with Charge Offs

Can I Qualify For A Mortgage with Charge Offs?

People generally discuss mortgage charge offs, but you should know everything about it, especially if you are applying for a mortgage loan. Remember that there is […]
October 27, 2016
foreclosure and mortgage

Can I Qualify For Mortgage After Foreclosure?

People who go through a foreclosure often wonder how they will be able to purchase a house again. The credit takes such a big hit after […]
October 27, 2016
shorta sale and mortgage

Can I Qualify For Mortgage After Short Sale?

If you sold your home through short sale, you must be wondering when you can qualify for a mortgage again. A lot of people wonder how […]
October 27, 2016
Mortgage with Collections

Can I Qualify For a Mortgage with Collections?

One of the most commonly asked questions that buyers generally have is that whether they can qualify for a mortgage with collections account.  The answer to […]
October 1, 2016
Can I Qualify For A Mortgage With A High Debt To Income Ratio

Can I Qualify For A Mortgage With A High Debt To Income Ratio?

What is the Debt to Income Ratio The debt to income ratio or the DTI ratio is a way through which a bank finds out whether […]
September 22, 2016
9-Tips-To-Help-You-Save-Money-On-Your-Mortgage

9 Tips To Help You Save Money On Your Mortgage

Putting a roof over your head is the single most important concern of most people, buying your own home usually means taking out a mortgage. The […]