NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse ...
Conventional loans which are resold to Fannie Mae only allow buyers' DTI to go up to 50% - meaning that no more than 50% of their gross monthly income should be allocated to their total monthly debt ...
Having a strong, stable income will also improve your borrower profile and put you in a good position to negotiate. Having ...
Research has shown that FHA buyers have been intentionally excluded from the housing market in the past. What’s surprising is ...
Kimberly Draxler, a single mom on disability, couldn’t believe it when her mortgage lender confirmed she was on the verge of ...
The U.S. Department of Housing & Urban Development (HUD) has announced updated loan limits for calendar year 2026 under the Federal Housing Administration’s (FHA) Single Family Title II forward and ...
Comerica reports SBA 7(a) loans offer flexible funding options for 90% of U.S. businesses, aiding in acquisitions, expansions ...
SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...
Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...
Kimberly Draxler, a single mom on disability, couldn’t believe it when her mortgage lender confirmed she was on the verge of ...
Fannie Mae is expecting a 5.9% average, but the Mortgage Bankers Association thinks 6.4% is more likely. All the others were ...