The Truth About Lending – What is a debt to income ratio?

The Truth About Lending – What is a debt to income ratio?

Hi, I’m Melinda Payan, owner of The Truth About Lending a licensed mortgage company, and here’s today’s mortgage truth of the week. What is a debt to income ratio? That’s the amount of debt that you have compared to your gross monthly income. Every loan has a certain debt to income ratio that you cannot

Copy of About Brian Martucci Mortgage Lender Video

Copy of About Brian Martucci Mortgage Lender Video

HUD FHA 203K Loans Manual Underwriting Guidelines

HUD FHA 203K Loans Manual Underwriting Guidelines

hi my name is Alex Carlucci with best-in-show associates gonna talk to you about a couple unique manual underwriting situations that a lot of you guys are reaching out to us on the internet about now we always do be a mate or we always do main to underwrite sub IJ so let me just

Mortgage FAQ - Appraisals

Mortgage FAQ – Appraisals

hey it's John Degas with prime lending and I'm going to be discussing appraisals now generally speaking and appraisals needed whenever you're buying a home or refinancing your current mortgage this cost typically runs four to five hundred dollars and it's going to get collected by your lender when you start the loan application now

The 4 Different Types of Mortgage Lenders!!

The 4 Different Types of Mortgage Lenders!!

so we're gonna talk about the four different types of mortgage institution so before you purchase a home you the main question is who has the mortgage appetite to fulfill your need right so everyone is gonna be different so I'm gonna go over the four different types of mortgage institution then I'm gonna give

Increases And Decreases Of Credit Scores During Mortgage Process in 2019

Increases And Decreases Of Credit Scores During Mortgage Process in 2019

hi my name is Alex Carlucci with Gustin show comm I want to talk to you about your credit score and how it gets monitored during the process of getting a mortgage and what you need to know to make sure it doesn't affect you so what happens in an FHA process is we run

FHA Guidelines On Employment Gaps And Job Seasoning Requirements

FHA Guidelines On Employment Gaps And Job Seasoning Requirements

hi my name is Alex Carlucci with gust intro associates some of you guys have a job history it's a little scattered it's not consistent and what underwriters are looking for is to prove that your income is stable so let's say you had a job for the last year and a half up until

Mortgage Loan Products Simplified!

Mortgage Loan Products Simplified!

buying a new home and you're not sure what loan program is best for you here are some scenarios to help you understand your options Connie is a first-time homebuyer who built some good credit while she was in school now with some graduation money in the bank the conventional loan program with a 3%