What Are Lender Overlays
This guide covers what lender overlays are imposed by mortgage lenders. Lender overlays are mortgage guidelines imposed by the individual mortgage company above and beyond…
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Mistakes To Avoid When Buying a Home
This guide covers mistakes to avoid when buying a home. Are you ready to buy your dream home, a second home or a rental property?…
Home Loan With Collection Accounts
This guide covers qualifying for home loan with collections and charge-off accounts. Mortgage borrowers should not worry about qualifying requirements for home loan with collection…
Automated Findings of the Automated Underwriting System
This guide covers the Automated Findings of the Automated Underwriting System (AUS). The Automated Underwriting System (often referred to AUS) is an intricate sophisticated computer…
What is Private Mortgage Insurance on Conventional Loans
Conventional loans require private mortgage insurance when the borrower’s equity in the home is less than 20%, which also means the down payment is less…
Solutions For High Debt-to-Income Ratio Home Loans
This guide covers qualifying for a mortgage with high debt-to-income ratio home loans. Borrowers with high debt-to-income ratio is what a mortgage underwriter will determine…
FHA Loans With 500 Credit Scores
This guide covers qualifying for FHA loans with 500 credit scores. One of the most frequently asked questions at GCA Forums is: can you qualify…
Buying Foreclosure Versus Short Sale Home
This guide covers buying foreclosure versus short sale homes with government, conventional and non-QM loans. Many homebuyers look into buying foreclosure versus short sale home…
Cash-Out Refinance To Buy Out Chapter 13 Bankruptcy
This guide covers the mortgage guidelines on cash-out refinance to buy out Chapter 13 Bankruptcy. FHA and VA loans are the only two mortgage loan…