[Lisa Jones]

I think its the best way to go with UWM ONE-TIME CLOSE New Construction Loan. I think the minimum loan size may be $250,000. I can double check with my rep in the morning. Gustan told me UWM can make exceptions as other lemders do.

https://www.uwm.com/real-estate-agent

uwm.com

Real Estate Agent | United Wholesale Mortgage

Real Estate Agent | United Wholesale Mortgage

[Lisa Jones]

Getting a new-construction loan for an investment property between $80,000 and $90,000 can be difficult because many lenders require a minimum loan amount.

While a credit score of 660 and a 20% down payment may meet the basic requirements, lenders also consider factors like the property type, location, appraised value, loan program, and how you plan to use the money.

The main challenge is the smaller loan amount, not your credit score or down payment. Most lenders require at least $100,000 to $150,000, though some may accept less but with tougher conditions.

To help us move forward, could you share the following details?

• State and county in which the property is located
• Purchase price or estimated total project cost
• Property status: completed or under construction
• Property type: single-family, two- to four-unit, condominium, or manufactured home
• Projected rental income
• Credit profile: If your requested amount is below our minimum, we will tell you the lowest loan we can offer. Then we can discuss increasing the loan, exploring other options, or adjusting the terms to better suit your needs.

[Lisa Jones]

The best available evidence indicates that the claim that “chemtrails are secret toxic spraying for depopulation” constitutes a conspiracy theory. However, concerns regarding toxic aircraft emissions, pollution, contrails, geoengineering, and cloud seeding are legitimate. These issues are distinct from the assertion that commercial or military jets are covertly dispersing harmful toxins.

Contrails and Chemtrails: Distinctions

Contrails are produced when an aircraft travels through cold, moist air. The exhaust releases water vapor, carbon dioxide, nitrogen oxides, sulfur oxides, hydrocarbons, and other particulates. Under appropriate atmospheric conditions, water vapor freezes, forming visible white trails of ice crystals.

Contrails may persist for extended periods or dissipate rapidly, depending on atmospheric conditions. Weather patterns can cause contrails to spread and resemble cirrus clouds. These phenomena contribute to public concerns regarding alleged “chemical spraying.”

Evidence Regarding Claims of “Secret Toxic Spraying”

A peer-reviewed study summarized by Carnegie Science investigated the existence of a secret, large-scale atmospheric program. Among 77 chemists and geochemists surveyed, 76 reported no evidence supporting such a program. The evidence presented by proponents was explainable by established scientific knowledge regarding gases, physics, and atmospheric particles.

This does not categorically rule out the possibility that such activities have occurred or could occur in the future. Nor does it imply the complete absence of any scientific evidence for the concept. Rather, current findings indicate a lack of strong evidence for a secret, large-scale program intended to harm people, plants, or animals, according to scientists.

Distinguishing Fact from Fiction: Aircraft Pollution and Climate Impact

Aircraft emissions are well documented, and contrails have measurable effects on the climate. According to the EPA, models indicate that persistent contrail clouds may contribute to slight atmospheric warming. NOAA further reports that these contrails can generate ground-level cloud cover and may ultimately influence climate patterns.

Reference Verified: (US EPA) (NOAA Satellite and Information Service)

In summary, the evidence indicates that:

Jet aircraft have a demonstrable impact on the atmosphere. Emissions from jet fuel are well-documented. Persistent contrails can alter the climate and contribute to the formation of ground-level clouds. However, these phenomena are distinct from the notion of covertly dispersing toxic substances.

Cloud Seeding: Scientific Basis and Practice

Cloud seeding is a scientifically recognized practice, distinct from the concept of “chemtrails.” According to NOAA, cloud seeding is currently the only weather modification technique used in the United States. It is typically conducted by private companies in the western mountains and the desert Southwest to enhance snowfall and rainfall. NOAA states that it neither funds nor participates in cloud-seeding projects. Reference Verified (NOAA)

Cloud seeding activities are subject to strict regulation and mandatory reporting. In the United States, all weather modification efforts must be reported to NOAA in accordance with the Weather Modification Reporting Act. (NOAA Library)

Geoengineering: Current Research and Implications

Solar geoengineering is an active field of research, but its existence does not substantiate claims regarding chemtrails. The National Academies emphasize the necessity for rigorous research and oversight due to the potential risks associated with solar geoengineering.

The EPA reports that there is no evidence indicating that contrails in the United States have been intentionally produced for geoengineering or weather modification purposes.

(US EPA)

Summary of Findings:There is no credible evidence supporting the use of chemtrails for population control.

• Nonetheless, these related issues warrant continued attention and investigation.
• Ongoing research into emissions from commercial aircraft is essential.
• Further study is needed to understand the potential impacts of contrails.
• Strict regulations should govern cloud seeding and geoengineering research.
• Additionally, it is important to investigate the motivations and substances involved in any spraying activities.
• The primary risk lies in neglecting these issues.
• It is also problematic to conflate all atmospheric phenomena and assert that “the white lines in the sky are toxic secret population control sprays.”

Requirements for Substantiating Chemtrail ClaimsClaims of a secret toxic-spraying program require substantial supporting evidence. The following types of documentation would be necessary:

• Documented flight orders, chemical purchases, modifications made to the aircraft, testimony from whistleblowers and their supporting documentation, air samples taken at flights with a legal chain of custody, lab tests to show other toxic agents, and proof that those agents were connected to those flight operations and aircraft.
• Alleging that flights are dispersing contrails is insufficient evidence, as scientific explanations account for their persistence.
• Skepticism is warranted, as accusing pilots of intentional poisoning is a serious allegation that requires substantial evidence.

Currently, the available information supports the following conclusions:

Contrails, aircraft pollution, cloud seeding, and geoengineering research are established phenomena. However, the assertion that “chemtrails” constitute a secret toxic depopulation program lacks support from credible scientific research.

epa.gov

Information on Contrails from Aircraft | US EPA

Fact sheet on Contrails from Aircraft from EPA and the U.S. Air Force.

[Lisa Jones]

Underwriters should ensure joint auto loans are counted only once in the debt-to-income calculation to avoid accidental duplication.

Treatment of Joint Auto Loans in Debt-to-Income (DTI) Calculations

When spouses apply for a mortgage together, lenders use the following approach:

The combined qualifying income of both applicants.

They Also Include:

• The monthly liabilities of both applicants.

If both vehicles are jointly owned and both spouses co-sign, the lender combines the liabilities like this:

• $978 + $1,400 = $2,378.

Not As:

• $978 + $1,400 + $978 + $1,400 = $4,756.
• Counting joint debts twice is considered misrepresentation.
• According to Fannie Mae, the DTI calculation should be based on the combined total income and total obligations of the applicants (not co-applicants) for the mortgage.
• Remaining installment obligations, such as auto loans, must be included in the total.

Causes of Double-Counting in Joint Auto Loans

This problem often arises when a joint debt appears on both applicants’ credit reports, leading to confusion during underwriting.

For Example:

The Applicant’s Credit Report Lists:

• Suburban: $978
• Raptor: $1,400
• The co-applicant’s credit report also lists loan officers, processors, automated underwriting systems, or underwriters might accidentally include both sets of reported liabilities and overlook removing duplicate joint accounts.
• Usually, this is not a guideline issue but a matter of credit report input or data-entry errors in the underwriting system.

Accurate Presentation of Joint Debts

Debts included in a loan application should be listed only once, as follows:

Joint Auto Loan 1

2025 Chevrolet Suburban

• Monthly Payment: $978
• Type of liability: installment debt
• Joint ownership: borrower / co-borrower

Joint Auto Loan 2

2024 Ford Raptor

• Monthly Payment: $1,400
• Type of liability: installment debt

Joint ownership: borrower / co-borrower.

For the debt-to-income (DTI) calculation, the total auto debt is:

• $2,378. Assigning Vehicles to Individual Borrowers in Joint Applications
• Most mortgage underwriting systems do not require assigning each vehicle to a specific spouse when both are applying together.
• If both borrowers are listed on both auto loans, there is no need to assign each vehicle to an individual.
• Each joint auto loan only needs to be recorded once.

To clarify the file, the loan officer may include a brief letter of explanation (LOX) or processing note:

Chevrolet Suburban and Ford Raptor auto loans are joint obligations listed on both borrowers’ credit reports. Each auto loan was counted only once in the combined debt-to-income ratio to prevent duplicate liability.

Treatment When Only One Spouse Applies

This situation calls for a different approach. If only the husband applies for the mortgage but his credit report lists the wife’s auto loans, both payments count as his obligations unless agency guidelines allow an exception.

According to Fannie Mae, certain non-mortgage obligations may be excluded when one borrower is liable, but another has made the payments. The lender must obtain documentation of the other party’s most recent 12 months of canceled checks or bank statements showing a 12-month payment history with no delinquencies.

If the wife has paid for the Raptor from her own account for the past year and is not on the mortgage, those payments might be excluded from the husband’s DTI, depending on the loan program and documentation.

Here’s The Recommended Process:

1. Acknowledge the debts.
2. Do not double-count the debts.
3. Correctly merge or edit duplicate joint tradelines in the LOS/AUS.
4. Count the Suburban payment only once.
5. Count the Raptor payment only once.
6. Add a note for the processor or underwriter clarifying that the debts are reported on both credit reports because they are joint accounts.

Summary

For married couples jointly applying for a mortgage, each vehicle should be counted only once in the debt-to-income calculation.

The Proper Monthly Debt Added To DTI Should Be:

• $978 + $1,400 = $2,378 per month

Double counting can inflate the DTI and lead to an unfair mortgage denial. Experienced loan officers, processors, and underwriters should always double-check the consolidated credit report and AUS liabilities before making a decision.

FHA DTI Mortgage Calculator » Gustan Cho Associates

• This reply was modified 1 week, 3 days ago by  Lisa Jones.

gustancho.com

FHA DTI Mortgage Calculator » Gustan Cho Associates

Find out if you meet the maximum 46.9% front-end and 46.9% back end DTI using the FHA DTI Mortgage Calculator

[Lisa Jones]

Discover why These States Are Quietly Going Bankrupt (And No One Is Watching) as America’s hidden state debt crisis grows worse. Behind the headlines, some U.S. states are facing massive budget deficits, pension problems, shrinking tax bases, rising costs, and long-term financial pressure that could reshape their future. From state bankruptcy fears to government debt, unfunded pensions, declining cities, struggling economies, and the growing cost of living crisis, this video breaks down the warning signs most people ignore. Which American states are in the deepest financial trouble? Why are their budgets under pressure? And what does it mean for residents, taxpayers, retirees, and the future of the U.S. economy? Watch until the end to see which states may be quietly heading toward a serious fiscal crisis while no one is paying attention.

https://youtu.be/6IkmN7bL9z0?si=j4bBAqKOqEtta4GD

• This reply was modified 2 weeks, 3 days ago by  Lisa Jones.

[Lisa Jones]

Learn the full A to Z local SEO system I use businesses in the top three on Google Maps. In this video you’ll see how to optimize your Google Business Profile, structure your website for relevance and authority, build the Core 30 pages, use rank maps and the Top 3 percent metric, and create topical and geographic content that actually moves rankings. Perfect for local businesses and SEO agencies wanting faster results from Google Maps and local search.

https://youtu.be/ZKZnDORR0ds?si=7BwAfpdBXJ56LVTQ

• This reply was modified 2 weeks, 3 days ago by  Lisa Jones.
• This reply was modified 2 weeks, 3 days ago by  Sapna Sharma.

[Lisa Jones]

Silver broke $80 an ounce. First time it broke $80 plus dollar per hour.

[Lisa Jones]

Commerce Secretary Howard Lutnick is the first Trump Cabinet member to be interviewed by the House Oversight Committee about his relationship to Jeffrey Epstein.

https://youtu.be/Woso-i6Nt2g?si=NVNUTEZ42pFrXBq1

[Lisa Jones]

States with NMLS MLO Distance Requirements Between Residence and Branch.

Based on current information, several states have specific distance requirements between an MLO’s residence and their branch location:

States with Explicit Distance Requirements
Montana: MLOs must physically work within 60 miles of their sponsoring firm’s location.

Rhode Island: While the statute initially required remote locations to be within a “reasonable distance” of licensed branches, the Department of Business Regulation later clarified that “MLOs are not required to live within a certain distance” of a main office or branch location.

States Without Distance Requirements..Ohio: MLOs licensed under the Residential Mortgage Loan Act may reside any where in the United States with no minimum or maximum distance requirements in relation to company office locations.

Texas: Unlike many other states, Texas does not have a distance rule for MLOs, though it does require companies to have a physical location within the state if headquartered elsewhere.

General Considerations

Many states that have “brick and mortar” requirements implement distance rules that determine the range in which an individual is allowed to reside relative to their work location.

Some states may have specific work location requirements for MLOs without explicitly stating distance requirements. The trend appears to be moving toward more flexibility with remote work, as evidenced by Ohio’s explicit permission for remote work locations and Rhode Island’s regulatory clarification.

Would you like more specific information about distance requirements in a particular state not mentioned here?

• This reply was modified 3 weeks, 3 days ago by  Lisa Jones.
• This reply was modified 3 weeks, 3 days ago by  Lisa Jones.
• This reply was modified 3 weeks, 3 days ago by  Gustan Cho.