5 Zero or Low Down … More 5 Zero or Low Down Payment Mortgage Programs
After a 15 day government shutdown that seems to have accomplished little else except forcing the federal government to admit they have to create a budget and soon, the Fed has opened for business. So now what?
Internal Revenue Service
The IRS has already resumed processing the IRS Request for Transcript of Tax Return (4506t), a requirement of all loans today. The IRS has also resumed processing audits (joy).
Conventional, FHA Loans & VA Loans
As stated in a previous post, most Conventional, FHA Loans & VA Loans loans were not impacted by the government shutdown except for as stated above. Continue reading FAQ – The Government has reopened, for now; how is my mortgage affected?
There’s been a lot of rhetoric coming from both sides of the congressional aisles these days; from Democratic and Republican parties and even a few in between. But recently the media has begun reporting government shutdown fallacies as facts. I’ve stayed out of this very heated political discussion for obvious reasons, but when a client recently sent me this article Shutdown impact: Tourists, homebuyers hit quickly from of all places the Associated Press, I just had to respond.
Question: My partner and I are not married and only one of us is an eligible veteran while the … More Underwriting Tip – VA Loans Unmarried Applicants
Veterans Loans The fact that a bankruptcy exists in an applicant’s (or spouse’s) credit history does not in itself disqualify the … More Underwriting Tip – Bankruptcy Waiting Periods – VA