In this blog, we will cover and discuss the adding non-occupant co-borrowers for mortgage for homebuyers with high debt-to-income ratios. We will also cover the non-occupant co-borrowers for mortgage guidelines on home loans. If you have dreamed of owning your own home but are unable to meet the requirements needed in order to do so,…
In this article, we will cover and discuss qualifying for VA loans with 580 credit scores. Active duty and retired eligible veterans with a VA certificate of eligibility do not realize that they can get qualified for VA loans with 580 credit scores. Actually, the U.S. Department of Veteran Affairs has no minimum credit score…
In this guide, we will cover the dually licensed MLO Career Opportunity For Realtors at Non-QM Mortgage Lenders Non-QM Mortgage Lenders, a dba of Non-QM Mortgage Lenders empowered by NEXA Mortgage, LLC. has business development manager positions for dually licensed MLO Career Opportunity for Realtors. Can Realtors Be Loan Officers? Realtors who are licensed loan…
In this blog, we will cover investment property mortgage loans for real estate investors. We will cover investment property mortgage loans with no income doc or limited income documentation. We will explain what the basic investment property mortgage guidelines are and the eligibility requirements. In the following paragraphs, we will cover qualifying for investment property…
In this blog, we will cover and discuss 90 LTV jumbo loans with no private mortgage insurance. Home prices are skyrocketing like never before and many people are getting priced out of the housing market due to needing jumbo loans. Real estate prices have been increasing since 2010. Despite mortgage rates being the highest since…
In this blog, we will cover using seller concessions for the closing costs on a home purchase. We will go over what seller concessions are and how it works on home purchase transactions. Seller concessions can be used for closing costs. However, seller concessions cannot be used for the down payment on a home purchase….
In this blog, we will cover and discuss the non-QM mortgage requirements on owner-occupant, second homes, and investment properties. We will go into why non-QM loans are becoming increasingly popular and the non-QM mortgage requirements. Non-QM loans are not hard money loans or mortgages for just bad credit mortgage borrowers. Many borrowers with great credit…
In this article, we will cover and discuss the VA minimum credit score requirements to qualify for VA loans. The United States Department of Veterans Affairs (Referred to as The VA), has created and launched the VA Home Loan Program for our men and women of the United States Armed Services. Veterans of the United…
In this blog, we will cover VA Manual Underwriting Guidelines During Chapter 13 Bankruptcy Repayment Period. VA loans are home loan programs for active and/or retired members of the United States Armed Services with a Certificate of Eligibility. The Certificate of Eligibility is also referred to as the COE. Only active-duty and retired members of…
Home Buyers who meet USDA home mortgage guidelines can qualify for USDA loans with 100% financing. with no closing costs by using seller concessions and lender credit. Many people do not realize that USDA loans are not just for a home purchase in rural areas. Many suburbs of larger cities and towns are designed in…
This Article Is About Multiple FHA Loans At Same Time Mortgage Guidelines FHA loans are the second most popular loan program in the United States next to conventional loans. HUD, the parent of FHA, has more lenient mortgage lending guidelines than Fannie Mae and/or Freddie Mac. FHA loans have great benefits for first-time homebuyers, borrowers…
In this blog, we will cover what non-QM mortgage loans are. Many homebuyers and real estate investors have heard of non-QM mortgage loans. However, a large number of homebuyers and real estate investors assume non-QM mortgage loans are non-prime loans or hard money loans with high mortgage rates. This is not true. Apply Now Why…
In this blog, we will cover qualifying for a mortgage with tax lien and outstanding judgments. We will cover tax liens and judgments together in this blog since they are similar and the guidelines are almost the same. Having a tax lien on a credit record is probably one of the worst hurdles home buyers…
In this blog, we will cover and discuss qualifying for a new home loan with late payments in the past 12 months. Home Buyers can qualify for home loans with prior bad credit. Qualifying for a home loan with late payments in the past 12 months is different than qualifying for a mortgage with prior…
In this blog, we will cover and discuss the self-employed mortgage guidelines on both traditional and non-QM loans. Self-employed mortgage guidelines depend on the various loan programs. If you’re self-employed and reading this blog, you have more than likely run into trouble while attempting to get a mortgage. Self-employed mortgage guidelines on non-QM loans do…