Do You Qualify for a Mortgage?
I love helping people find solutions! I had a young man come in to get qualified for a mortgage because he was about to inherit a home. Actually, he had already inherited it, had been living there, but when his mom passed away he was too young, too new on the job and...
True or False: You Need 2 Years of Tax Returns to Qualify?
FALSE! At times Fannie Mae and Freddie Mac’s automated underwriting system (DU and LP) will calculate that a borrower has good enough credit or enough equity or enough cash reserves where they find this borrower is low risk and therefore only needs to present 1 tax...
How You Can Refinance to Have a Home Worth Thousands!
Client graduates from Pharmacy school with $170,000 in student loan debt. No, that’s not the win, but here it is. She bought a home with her hubby while in school. They bought March of 2012 for $410,000. Put 20% down. Now the house is worth $550,000-600,000 and she...