The Mortgage Underwriting Process: Everything You Need to Know
In order to get a mortgage loan, you’ll have to go through a lender’s mortgage underwriting process – including for a home equity loan or home equity line of credit (HELOC) or cash-out... more
Your mortgage loan got denied in the underwriting process? We’ve got answers.
If you’re getting a mortgage loan, you’ll need to go through a lender’s mortgage underwriting process It’s the step in which your lender reviews your loan application to determine if your... more
How to Lower Your Debt-to-Income Ratio: Proven Strategies Homeowners Use to Improve Their DTI
As a homeowner, one of the most important numbers to keep an eye on is your debt-to-income (DTI) ratio This ratio is a comparison of the amount of debt payments you owe each month to the amount of... more
What Happens When a Mortgage Goes to Underwriting?
When a mortgage loan goes into underwriting, your credit and financial background are reviewed to determine whether your application can be approved This can include an assessment of your credit... more
Consolidating Unsecured Debt With Your Home Equity: A Wise Decision
Every year thousands of homeowners consider consolidating unsecured debt using their home equity But is this a wise decision In this article, I will cover when you should consider consolidating... more
Three C’s of Underwriting And How They Impact Your Mortgage Application
Capacity, Credit, and Collateral are the three C’s of underwriting Since they can significantly impact your mortgage application, you should take the time to understand how they are used in the... more
5 Ways to Access Your Home Equity
If you’re a homeowner looking to access your home equity for cash, you’ve got a few options to choose from You can pick a HELOC, home equity loan, cash-out refinance, reverse mortgage, or home... more
LTV, DTI, IR, FICO: Four Pillars of Home Financial Wellness
Homeowners often ask, what else is important for my home financial wellness This may come up when accessing home equity, planning for retirement, understanding the right time to refinance, or... more
How to Access Your Home Equity Without a Great Credit Score
Accessing home equity is a hot topic among homeowners we work with — whether for retirement, home improvement, to consolidate debt, make an investment, or pay an unexpected expense Homeowners with... more
