Category Archives: Uncategorized

The 23 Questions We Asked at Mortgage Pre-Approval


Originally posted on Our Tennessee Home:
The first step we took in our house hunting is mortgage pre-approval. We needed to know how much mortgage we could get. We found our mortgage lender, Churchill Mortgage (and our awesome team member Sue F.),  through a friend and booked a meeting. We weren’t sure if we wanted to…

A Simple Guide to the Home Buying Process


Originally posted on RPM Mortgage, Inc.:
Buying a home for the first time can seem like a daunting process. But it doesn’t have to be difficult. With a little preparation, and the guidance of a real estate agent and mortgage professional, you’ll be well on your way to making the house of your dreams…your home! This easy-to-follow…

How long do you have to wait to get approved for a mortgage loan after a bankruptcy in Kentucky?


Originally posted on Kentucky FHA Mortgage Loans Guidelines :
Qualifying For A Kentucky Mortgage After Bankruptcy Home Buyers can qualify for a Kentucky mortgage after bankruptcy: 2 year waiting period to qualify for FHA Loan to qualify for a FHA Loans after discharge of Chapter 7. One year into a Chapter 7 Bankruptcy to qualify for…

Many mortgage applicants will get a surprise boost in their credit scores


Originally posted on Rapid Rescore:
By Kenneth R. Harney March 8 It could be a boon for some home buyers — their credit scores will get a surprise boost — but worrisome for mortgage lenders, landlords and others who depend on credit reports to evaluate their potential customers. In a little-known policy shift, the three…

Kentucky VA Mortgage Guidelines for Student Loans


Originally posted on Kentucky VA Mortgage Home Lender:
Kentucky VA Mortgage Guidelines for Student Loans If student loan repayments are scheduled to begin within 12 months of the date of  the Kentucky VA loan closing, lenders should consider the anticipated monthly obligation in the loan analysis. If the borrower is able to provide evidence that…

2017 STUDENT LOAN GUIDELINES FOR A KENTUCKY USDA RURAL HOUSING MORTGAGE LOAN


Originally posted on Kentucky USDA Rural Housing Mortgage Loans:
? ? Lenders must include the greater of: • 1 percent of the outstanding loan balance; or • The fixed payment as reflected on the credit report. Income Based Repayment (IBR) plans, graduated plans, adjustable rates, interest-only and deferred plans are examples of repayment plans that…

Getting a FHA Loan Approved with the new Guidelines for Student Loans in Kentucky for 2017


Originally posted on Kentucky FHA Mortgage Loans Guidelines :
2017 KENTUCKY FHA MORTGAGE GUIDELINES FOR APPROVAL WITH STUDENT LOANS Student Loan Payment Calculation Must include all student loans in the borrower’s liabilities, regardless of the payment type or status of payments. Calculation of monthly obligation, regardless of the payment status, must use either: the greater of:…

24 New Fannie Mae Homes in Kentucky Government Foreclosures 2017


Originally posted on Louisville Kentucky Mortgage Rates:
Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage: Kentucky General Mortgage Guide for Underwriting A…: Kentucky Mortgage Underwriting Guidelines Understanding  Mortgage mortgage underwriting guidelines will help you understand your loan opt… — Posted By Blogger to Louisville Kentucky Mortgage Lender for FHA,…

Louisville Kentucky First Time Home Buyer Programs and Resources


Originally posted on Louisville Kentucky Mortgage Loans:
Louisville Kentucky First Time home Buyers programs including, FHA, VA, KHC, and USDA, Rural Housing Zero Down home loans–Our site is updated daily for Louisville Kentucky first time home buy… Source: Louisville Kentucky First Time Home Buyer Programs and Resources

Credit Fico Score for a Kentucky Mortgage FHA VA KHC


Originally posted on Louisville Kentucky Mortgage Loans:
Fannie Mae According to the “Washington Post,” Fannie Mae raised its minimum credit score for conventional loans in 2009 from 580 to 620. Even if you have a 20-percent down payment, you… Source: Credit Fico Score for a Kentucky Mortgage FHA VA KHC