With the new credit guidelines, FNMA is rejecting any loan file where the borrower’s credit report contains a disputed tradeline or when a tradeline is even tagged with the word “dispute”.  This is becoming pretty common, and we wanted to provide a guide on how to remove the disputed tradelines from your credit report.
There are two […]

Posted in Borrower Resources, Your Credit No Comments »

 There is a new home ownership accelerator program on the market, and now is a great time to take advantage of it. 
This home ownership accelerator program was brought to the U.S. in the early 2000’s from Australia.  Modeled after what is called an all in one loan, or an offset loan, it works to use […]

Posted in Borrower Resources, Loan Types 2 Comments »

 FHA loans are becoming some of the more popular choices, and should continue to increase in popularity over the coming months.  FHA programs feature mortgage insurance programs to help low and moderate income families obtain financing by lowering some of the costs of their home loan.  FHA mortgage insurance also gives incentive to companies to […]

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Why can’t I qualify for a loan?  I get this question from borrowers a lot these days, with the tighter lending standards and the demise of no doc loans.  In addition to credit factors and loan to value issues, one of the major issues today is the DTI ratio.  I believe it is important for […]

Posted in Borrower Resources, Terms & Definitions Comments Off

 Refinancing your home is the process of paying off your existing loan with a new loan, preferably at favorable terms. There are plenty of advantages to refinancing your existing home loan; to extend the repayment time of your existing loan,  to lower your existing monthly payments, to remove an adjustable feature or to take cash […]

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