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Clear to Close Mortgage: What Happens Next?
Resources

Clear to Close Mortgage: What Happens Next?

Buying a home can be exciting and stressful all at the same time. The process requires meeting many different requirements and submitting all the essential ...
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What Is Yield Spread Premium?
Resources

What Is Yield Spread Premium?

When you are purchasing a home, especially if it is your first home, it is very easy to become swept up in the buying process. ...
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How to Write a Letter of Explanation for a Mortgage
Resources

How to Write a Letter of Explanation for a Mortgage

When you apply for a home loan, the mortgage lender collects a wide variety of different paperwork to establish proof of income, employment history, credit ...
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How is PMI Calculated: Guide to Private Mortgage Insurance
Resources

How is PMI Calculated: Guide to Private Mortgage Insurance

Depending on the type of home loan or refinance option you are looking at, your lender may require private mortgage insurance (PMI). But what exactly ...
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Can You Apply for a Mortgage Without 2 Years of Working History
Mortgage

Can You Apply for a Mortgage Without 2 Years of Working History?

When applying for a new home mortgage, lenders look at a variety of different factors in order to determine whether or not a home buyer ...
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VA Residual Income Guide
Mortgage

VA Residual Income Guide

When looking to purchase a home, most borrowers are familiar with the debt-to-income ratio, or DTI, as it is an important factor when it comes ...
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