Counting Income for Expected Income Due to a Relocation
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Self Employed Borrower Changes Corporation Type
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Assessing Income with a Job Gap Due to COVID
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Determining Rental Income for a Short-Term Rental Property
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Home Possible® – Is Inherited Property Considered a Previous Purchase?
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Is a Secured Loan Against a Financial Asset Included in the DTI?
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Using Rental Income from a Property in Another Country
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Household Income – Eligibility vs. Repayment
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College Student with No Income & Parents as Non-Occupant Co-Borrowers
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QM Requirements & Investment Property
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VA Loan Myth Buster! Unlike other home financing programs, VA-backed homes loans do not have maximum loan limits. Instead, VA offers a guaranty to the lender so that lenders will agree to provide the program for Veterans. However, it is common for lenders to differ in how high they allow a loan amount to go. Let’s talk first before you buy so that you know how your VA benefits will work to get you the home of your dreams!
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Urgent Notice for Second-Home Purchases & Higher-Priced Areas! The government agency that controls the pricing for home loans has issued substantial increases in rates for these types of loans. We have a short window to get your loan processed and closed before these price increases go into effect. Please contact me with questions!
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Fannie Mae – FAQ Article – Project Standards Requirements FAQ’s – Dated December 2021
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Fannie Mae Selling Guide Updates – SEL-2021-11 – Dated December 15, 2021
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Determination of the VA Funding Fee Percentage on Purchase Loans with Down Payments Circular 26-21-26, December 17, 2021, Effective December 17, 2021
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