From "My Overtime Won't Count" to Knowing Exactly When It Does: Lily's Story
Lily assumed her overtime would never count on a mortgage. Learn the conventional two-year history rule and the question to ask your loan officer.
Blog
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Hannah Almost Gave Up on Her Shallotte Home: Which Debts the USDA Actually Counts
Hannah nearly gave up on a Shallotte home over her debts. See which debts USDA counts in the total debt ratio under Paragraph 4.22.B.2, and what to ask.
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You Do Not Need Two Years at the Same Job for a Conventional Loan
Told you need two years at one job for a conventional loan? Selling Guide B3-3.4-02 says frequent job changes in the same field may still qualify.
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Strong FICO, Thin File: How the One-Model Rule Plays Out for a Couple
One loan, one credit score model. See how the FHFA one-model rule affects a couple with a strong FICO and a thin file, and the question to ask your lender.
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How a First-Time Buyer Can Purchase a For-Sale-By-Owner Home With a VA Loan
Can a veteran use a VA loan to buy a for-sale-by-owner home without a realtor? Yes. Here are the steps, in order, for first-time buyers in Charleston and beyond.
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4 Conditions Decide Whether a $0 Student Loan Payment Counts on a USDA Loan
Four conditions decide if a $0 income-driven student loan payment counts as zero on a USDA loan. Learn Paragraph 4.22.B.2 and the question to ask.
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The One Sentence About Work Gaps Nobody Told Joseph
A gap in work of six months or more in the past two years must be documented on a conventional loan. Here is the rule and what to say at your first conversation.
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The Divorce Decree Detail That Decides Whether Adrianna's Old Debt Counts
Your decree says your ex owes the debt, but your name is on it. See how USDA Paragraph 4.22.B.2 treats it and what to bring to your loan officer.
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Buying a Home You Will Live In With a Non-Occupant Borrower? Know the 95% LTV Rule
Family member on your conventional loan but not living in the home? Fannie Mae Selling Guide B2-2-04 limits max LTV to 95%. Here is what to ask your lender.
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Why Adeline's App Credit Score Was Not the Score Her Lender Saw
A buyer's app score may not match a lender's mortgage credit pull. See what the FHFA says about VantageScore 4.0 and what agents can tell buyers today.
