Is your Condo FHA/VA approved?
Information about how to look up if your condo is FHA and VA approved.
Category: My Blog
Millennials will live at home forever- Gift of Equity
Information about gift of equity and the documentations needed by the lender.
What you need to know about the TILA-RESPA Integrated Disclosures (TRID)
On October 3, the TILA-RESPA Integrated Disclosure (TRID) took affect. TRID is complicated, but what you need to know is that mortgage lending forms used to be difficult for the homebuyer to understand. That’s why the Consumer Financial Protection Bureau (CFPB) developed new, more streamlined documents. What is TRID? New disclosures the lender must provide consumers when they Read more about What you need to know about the TILA-RESPA Integrated Disclosures (TRID)[…]
New FHA Handbook and Rental History
All week major news outlets (ex: The Atlantic, Bloomberg, Washington Post) have covered the rental crisis happening in our nation. It’s reported that by 2025, over 13 million people will spend more than 50 percent of their salary on rent. That is a crisis. Why does this matter to you? Lenders have guideline on how much income a Read more about New FHA Handbook and Rental History[…]
Is Debt a Good Thing or a Bad Thing?
Should I have debt? Should I not? What is the golden rule?