Are No-Doc Loans Still Available in 2022?
Are No-Doc Loans Still Available in 2022? – If you have a less than traditional employment situation, maybe you are self-employed, maybe you do gig work, or something similar, you may still be able to get a no-document mortgage to help you purchase a home this...
3 Items Lenders Hope Not to Find in Bank Statements
When applying for a mortgage loan, most lenders will ask you to supply at least one or two months of bank statements to get a better picture of your financial stability and responsibility. If you are applying for a bank statement loan, you could be asked for about one...How Many Names Can Be on a Mortgage?
As home prices increase it is not uncommon for homebuyers to purchase a home with another party. But how many names can you have on a single mortgage? The answer to this question is that there is no actual legal limit as to how many names can be on one single home...
Mortgage Requirements are Beginning to Ease Up for Borrowers
There is good news for mortgage applicants, qualifying requirements are beginning to ease up after the strict tightening we saw at the height of the pandemic. According to reports mortgages were around 2.2% easier to attain approval on in April as compared to March....
Can I Use an FHA 203(k) Loan to Purchase a Fixer Upper
Purchasing a property in need of repair can be a good way to save some money on a home that has all of the attributes you really want and the potential to become something you love. How will you pay for the repair work to make it into the home of your dreams? An FHA...
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Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.