Borrowers who cannot qualify for a conventional mortgage are often able to obtain an FHA loan. However, to secure this type of loan, you must still meet certain requirements.
CORY THOMPSON
NMLS ID 225056 • Located in Texas
Understanding Your Debt To Income Ratio
When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio.
Home Updates That Make Good Multi-Generational Sense
Multi-generational households and the growing preference on the part of many retirees toward “aging in place” have altered home design in recent years. Interiors are more open, more functional and more adaptable that they were even a decade ago.
What’s Ahead For Mortgage Rates This Week – May 29th, 2018
Last week’s economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims.
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