Mortgages

11 September
0

FHA NEW GUIDELINES!

MBL Team   |   FHA, Home Loans, Mortgages, Mortgages By Linda   |   No comment

FHA Has NEW Guidelines Starting on September 19th! As mortgage professionals, it's our job to inform our clients and realtors of updated loan guidelines so the borrowers can make the best decision.   Major Changes: -No more excluding student loans -Non taxable income will only be grossed up 115% -Authorized user...

Read More
27 August
0

You Decide What’s Right For You!

MBL Team   |   Mortgages   |   No comment

The value of mortgage brokers is clearly understood within the ranks of the mortgage industry, but the primary barrier to brokers achieving and sustaining substantial growth is the channel’s relatively unknown status among the general public. The fact that mortgage brokers possess advanced industry knowledge...

Read More
26 August
0

Option A or Option B!

Jessica   |   Business, Conventional, Government, Linda Garcia, Million Dollar Homes, Mortgages, Uncategorized   |   No comment

Know Your Options! See the difference between Government & Conventional Loans & decide what's right for you! GOVERNMENT Loans (Min. 580 credit score) FHA: • 96.5% LTV for purchases • 97.75% LTV for rate/term finances • 85% LTV for cash-out refinances • Escrow holdbacks allowed • No seasoning on short sales in some...

Read More
14 August
0

Google Said What?

Jessica   |   Business, Home Loans, Mortgages   |   No comment

              Google Says What????   Don't let the web mislead you on YOUR options if you have a bankruptcy, foreclosure or short sale. There are many options for borrowers depending on the assets, credit and income, but the basics for these programs are the following:       FHA VA Conventional Bankruptcy       *Chapter...

Read More