Mortgage Lender Overlays

Timeshare Foreclosure Waiting Period Mortgage Guidelines
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Timeshare Foreclosure Waiting Period Mortgage Guidelines

ByGustan Cho

If you’ve had a timeshare foreclosure, don’t worry—you can still buy a home without a long waiting period. Most people think a timeshare foreclosure is just like a mortgage foreclosure, but that’s not true. In this post, we’ll explain how a timeshare foreclosure differs and why you may not need to wait years to get…

Mortgage Lender Overlays

Mortgage Lender Overlays Versus Agency Guidelines

ByGustan Cho

In this blog, we will cover and discuss mortgage lender overlays versus agency guidelines. We will also answer the frequently asked questions of how does mortgage lender overlays versus agency guidelines affect mortgage loan approval. Mortgage Lender Overlays are mortgage qualification requirements that a lender implements on top of the minimum mortgage guidelines by FHA,…

Choosing A Mortgage Lender

Choosing Mortgage Lender With No Overlays On Home Loans

ByAlex Carlucci

This BLOG On Choosing Mortgage Lender With No Overlays On Home Loans Was UPDATED And PUBLISHED On March 18th, 2020 All mortgage lenders need to follow the minimum government and/or conforming guidelines of Fannie Mae and/or Freddie Mac. However, every lender has a right to have higher lending requirements called lender overlays. For those who…

Mortgage Guidelines Versus Lender Overlays

Mortgage Guidelines Versus Lender Overlays On Home Loans

ByAlex Carlucci

This BLOG On Mortgage Guidelines Versus Lender Overlays On Home Loans Was PUBLISHED On May 12th, 2020 There is a big difference between mortgage guidelines versus lender overlays. Not all lenders have the same lending requirements on FHA, VA, USDA, and Conventional Loans All lenders need to follow minimum agency guidelines mandated by FHA, VA,…