ARCHIVED BLOG POSTS
Thats right folks. The VA has recently changed it's guidelines to allow a veteran borrower to borrower 100% of their home's value on a cash out refinance loan. This is an increase from the previous maximum of 90%. You gotta love the VA, especially when FHA is decreasing their max ltv to 85% on a ...
Happy Thanksgiving Everyone! In spite of the sh*tty economy and real estate/ mortgage market, we still have a lot to be thankful for. Thought this was appropriate to add: George Washington's 1789 Thanksgiving Proclamation Whereas it is the duty of all nations to acknowledge the providence of Al...
you know who should bail out ford, gm, and chrysler? the friggin' oil companies! they are the ones who have been making record profits from the gas guzzling suv's, so i think it's only fitting. what do you think?
I am going to try and keep this short. The new good faith estimate is a joke. the problem with the good faith estimate is that there is often no good faith involved. a big part of the problem in the past and present is most originators never take the time to go over the gfe with the customer. in ...
People tell me all the time that they can't qualify for a mortgage because they haven't been on their job for two years. I usually respond "what makes you think you have to be on your job for two years?". The usual answer is something like " that's what i heard' or "that's what the last mortgage ...