Mortgage Loan Pre Qualify

With less than three weeks to go before new financial assessments for reverse mortgages became mandatory, the Federal Housing Administration announced Thursday that it will delay their effective date due to technical issues. To read the entire

Do you ever wonder how to determine if a borrower is self-employed? Do you want a better understanding of how self-employment income is reviewed? This article is for you! First, let’s define the self-employed borrower. A self-employed borrower earns

I had a buyer client recently put off closing the Federal Housing Administration-backed loan on the house he was buying for a day or so, so he could take advantage of just-reduced mortgage insurance premiums. That strategy saved him about $100 a

Some people say yes, but there is a lot more to it. A few years ago you get a subprime loan without much trouble. The mortgage mess has led to a lot more caution in the way home loans are approved these days. If your credit needs work, there are

In his first time to testify before Congress since taking over his post last July, HUD Secretary Julian Castro on Wednesday defended the decision to lower Federal Housing Administration (FHA) mortgage insurance premiums and predicted that the