FHA Loan After Short Sale: The Lender Got It Wrong
The waiting period for an FHA loan after short sale is exactly three years from the date the short sale deed transferred, and that clock starts the day of...
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VA Loan Surviving Spouse Eligibility: What Lenders Hide
VA loan surviving spouse eligibility is codified in federal law, and most lenders will never bring it up. If someone told you that you do not qualify for...
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Military Spouse USDA Loan Income: What Lenders Hide
Military spouse USDA loan income is one of the most mishandled income types in the mortgage industry, and the lender who told you that BAH does not count...
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VA Loans Charleston SC: What Big Banks Hide From Marines
VA loans Charleston SC allow 100 percent financing with zero down payment, zero private mortgage insurance, and no loan limit if you have full...
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Self Employed Conventional Loan After Hardship: Lenders Are Wrong
Your lender averaged two bad years and said no. A self employed conventional loan after hardship may qualify under Fannie Mae B3-5.3-08. Here is the exact guideline.
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FHA Loan With Collections: The $2,000 Rule Lenders Hide
A lender told you to pay off every collection first. An FHA loan with collections under $2,000 non-medical may not require payoff at all. Here is the real rule.
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Your Lender Is Wrong About Military Allowances VA Loan Income
Military allowances VA loan income is explicitly permitted under VA Lender's Handbook Chapter 4, Topic 2, Subsection k, and your lender is required to...
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FHA Overtime Income Rule Lenders Get Wrong
FHA overtime income qualification under HUD 4000.1 Section II.A.4.c.v requires only one year of consistent history, not two. If a lender told you your...
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FHA Loan After Chapter 7: Why Lenders Lie
Getting an FHA loan after Chapter 7 bankruptcy is possible in as little as 24 months from your discharge date, and most lenders will never tell you that...
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Your Lender Is Wrong About Social Security Number Mortgage Loans
Told your social security number mortgage loan is dead because of a non-citizen spouse? Fannie Mae B2-2-01 says otherwise. Here is the exact rule.