Tag Archives: Credit and Collection

How are collections treated on a Mortgage loan in Kentucky for a FHA and Conventional Loan Approval?


Collection Account Tips for Fannie Mae and FHA Loan in Kentucky. Do they have to be paid to get approved for a Kentucky Mortgage Loan? Collection accounts  on the credit report can sometimes hurt your chances of getting approved for a Kentucky Mortgage loan in Two ways: First, if collections are recent, they may drag […]
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Does bad debt, collections, or charge offs on credit report have to be paid off to get a VA loan approval in Kentucky


Collections on Credit Report and How They affect a Kentucky VA Mortgage Loan Approval   Collection accounts are accounts for a debt that have been submitted to a collection agency by the creditor generally due to nonpayment. Below are general tips and guidance on what DU will require when collection accounts are reporting on a borrower’s […]
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Mortgage Tips


Mortgage Tips. via Mortgage Tips.   Tips to ensure your mortgage closes smoothly: Credit Cards / New debt: Once you have applied for a mortgage, do not apply for new debt or credit cards, even if you do not plan to use them until after settlement. When you buy a home, you will undoubtedly buy […]
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FHA Mortgage Requirements for Louisville Ky First Time Home Buyers


FHA Mortgage Requirements for Louisville Ky First Time Home Buyers. via FHA Mortgage Requirements for Louisville Ky First Time Home Buyers.

Louisville Kentucky First Time Home Buyer Loans


Louisville Kentucky First Time Home Buyer Loans. via Louisville Kentucky First Time Home Buyer Loans.     Credit Scores FHA Collections and Disputed Accounts Beginning October 15th, FHA is changing how they will be handling Collections and Disputed Accounts. Collections If the sum of the borrower’s Collection Accounts total less than $2000, then payments for […]
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For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times


For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times. Related Articles Short Seller Massacre: Wrong Or Just Early? (ycharts.com) 5 Stocks Crushing the Short Sellers (investorplace.com) Join Seattle Times Seahawks coverage team for The Huddle on Sept. 5 (blogs.seattletimes.com) The Dow’s 5 Most Hated Stocks […]
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Kentucky Foreclosed Homes Link


Kentucky Foreclosed Homes Link. via Kentucky Foreclosed Homes Link. Related Articles Louisville Kentucky First Time Home Buyer Loans (kentuckyvaloan.com) Kentucky Housing or KHC Interest Rate: 2.50% without Down Payment Assistance 3.00% with Down Payment Assistance (mylouisvillekentuckymortgage.com) Kentucky Down payment Grants for buying a home (kentuckyusdaloan.com) Kentucky USDA Rural Housing Home Loans (louisvillemortgageguide.com) 100% Financing Zero […]
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10 key questions to ask a lender | Real Estate | Smyrna/Vinings News


10 key questions to ask a lender | Real Estate | Smyrna/Vinings News. 1. What is the interest rate on this mortgage? 2. How many points will I pay? 3. What are the closing costs? 4. When can I lock the interest rate?5. What will my monthly payment be? 6. What are the down payment requirements for this loan? 7. […]
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FHA Facts…


FHA Facts…. via FHA Facts…. acts you probably didn’t know about FHA loans Traditionally FHA mortgages were used to help first time home buyers with non-traditional credit backgrounds.  However FHA mortgages have increased in popularity over the last few years.  The low 3.5% down payment has helped buyers with limited savings to get into a […]
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Qualifying for a mortgage while you’re self-employed


Qualifying for a mortgage while you’re self-employed. via Qualifying for a mortgage while you’re self-employed.  www.mylouisvillekentuckymortgage.com   Contact Me for a FREE Mortgage Consultation   Ready to Apply for your Mortgage?    There is no denying that the mortgage borrowing landscape is changing. One of the product lines that saw repeated revisions was the self-employed mortgage […]
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