Non-QM Mortgage Brokers, Inc.

08/28/2023

Join us in the very first GCA Live Sessions where we discuss your favorite topics and answer your questions about mortgage. Our first topic is on high rates and the housing market, so list all your questions and our team of experts will answer these for you!

AUGUST 29, 2023, TUESDAY, 10:00AM CST
WATCH THE LIVE HERE: https://youtube.com/live/5V2f-e1EaqM?feature=share

10/17/2022

This Article Is About Automated Underwriting System Findings On Home Mortgages The automated underwriting system is a sophisticated computerized system used by mortgage lenders to get automated findings on government and conventional loans.

Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://non-qmmortgagebrokers.com/automated-underwriting-system-approval/

This Article Is About Automated Underwriting System Findings On Home Mortgages The automated underwriting system is a sophisticated computerized system used

10/10/2022

DTI manual underwriting guidelines on FHA and VA loans are similar. FHA and VA loans are the only two loan programs that allow manual underwriting on home mortgages. Many people are often confused about the differences between manual underwriting and automated underwriting system (AUS) approved files. Manual and AUS-approved underwriting is the same. However, with manual underwriting, a human mortgage underwriter will carefully manually underwrite the file. The maximum debt to income ratios are lower on manual versus automated underwriting system approved loans.

Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://non-qmmortgagebrokers.com/dti-manual-underwriting-guidelines/

DTI manual underwriting guidelines on FHA and VA loans are similar. FHA and VA loans are the only two loan programs that allow manual underwriting on home

10/05/2022

Homebuyers can qualify for a mortgage loan after bankruptcy, foreclosure, deed in lieu of foreclosure, short sale. However, there are mandatory waiting periods after bankruptcy and foreclosure with government and conventional loans. There are major waiting period differences with FHA Versus Conventional Loan After Bankruptcy And Foreclosure. Homebuyers who are intending on getting a home purchase mortgage loan and after bankruptcy and foreclosure need to meet the mandatory waiting period mortgage guidelines.

Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://non-qmmortgagebrokers.com/fha-versus-conventional-loan-after-bankruptcy-and-foreclosure/

This Article Is About FHA Versus Conventional Loan After Bankruptcy And Foreclosure

09/30/2022

The housing market is starting to shift after a wild 30 months, and housing prices are starting to go down. This may be the last chance to take advantage of the value your home has gained since 2020 with a cash-out refinance. Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://youtu.be/hdU7MxLv7RQ

The housing market is starting to shift after a wild 30 months, and housing prices are starting to go down. This may be the last chance to take advantage of ...

09/29/2022

Your family can gift you the down payment and closing costs on your home purchase! Using gift funds for the down payment is allowable with many mortgage programs, and it has strict guidelines. Know more in the article below.

Interested to buy a home? Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today. You may send us a DM too!

https://non-qmmortgagebrokers.com/gift-funds-for-the-down-payment/

Gift funds for the down payment and closing costs on a home purchase is allowed by lenders with gift letter and bank statement from donor

09/28/2022

A great way to get started in investing in real estate is to purchase a two-to-four unit multi-family home as your first home. HUD, the parent of FHA, allows homebuyers to purchase a two-to-four unit multi-family home with a 3.5% down payment. Read more in the article below.

Interested to buy a home? Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today. You may send us a DM too!

https://non-qmmortgagebrokers.com/multi-family-home-mortgage-loans/

HUD on requires a 3.5% down payment on owner-occupant two-to-four-unit multi-family home mortgage loans. Fannie Mae requires 15% down

09/27/2022

Many first-time home buyers are very concerned about how much money they would need to save in order to be qualified to be able to purchase their new home. Believe it or not, many people who dream of buying a home someday are still under the impression that they need a minimum of 20% down payment plus closing costs. That is not the case. See article below to know more.

Interested to buy a home? Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://non-qmmortgagebrokers.com/down-payment-and-closing-costs/

There are down payment and closing costs required on all home purchase. FHA requires 3.5%, Conventional loans require 3% to 5% down.

09/26/2022

If you're a self-employed borrower you may experience difficulty getting the most out of your income with a traditional mortgage loan, but this rare loan program can fix that. With a stated income loan, self-employed borrowers can choose a home with the right monthly payment for them rather than operating in the constraints of a traditional mortgage loan. Call us at (800) 900-8569/(262) 716-8151 or visit our website https://non-qmmortgagebrokers.com/ to see if we can help your secure a mortgage loan today.

https://youtu.be/VR3cOG8nXp8

If you're a self-employed borrower you may experience difficulty getting the most out of your income with a traditional mortgage loan, but this rare loan pro...

09/23/2022

Homebuyers can qualify for a mortgage after Chapter 13 Bankruptcy discharge. However, depending on the loan program, there may be a waiting period requirement. FHA and VA loans are the only two mortgage loan programs that will not mandate a mandatory waiting period to qualify for a mortgage after Chapter 13 Bankruptcy. Know more in the article below.

Have you experienced Chapter 13 Bankruptcy and is in need of a home? Send us a message now and we will help you get the loan you need!

Homebuyers can qualify for an FHA and VA Mortgage after Chapter 13 Bankruptcy with no waiting period via manual underwriting