Selected videos for topic: mortgage loan debt to income ratio
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How to calculate your debt to income ratio - Qualify for a home
http://www.chasecraig.com
How does a lender qualify you for a home loan? This is a video that I created to help you better understand how a lender might go about qualifying your for a mortgage as well as calculating your debt to income ratios. Let me be clear, I strongly recommend that you discuss your specific situation with a lender. For more information, e-mail me at chase@ownboise.com or head to www.ownboise.com.
From: ownboise
Related topics : mortgage loan debt to income ratio calculator
FHA Home Loans Houston Texas
www.TexasHomeMortgage.info - Guild Mortgage Houston Texas is a direct lender for FHA home mortgage loans. Guild FHA offers flexible lending guidelines and allows for automated approvals with credit scores as low as 620 and in cases where there are compensating factors the credit score can be as low as 600. The other benefits are higher debt to income ratios and no credit score loans. Call Today to find out how we can help with a new FHA home loan 281.674.7372
From: MLS Houston Real Estate
Related topics : fha home loan / low credit score loans / mortgage loan fha / houston texas new homes / mortgage loan debt to income ratio
No More FHA Loans for WHO? [as of June 30, 2016]
What's happening will impact borrowers who want an FHA loan but have over $100k in student loan debt.
According the the FHA News Blog, "a borrower's debt-to-income ratio or DTI is an important calculation the lender must make when processing an FHA home loan application. Your monthly debts, compared to your lender-verified income, will help determine your acceptability as a credit risk and your ability to pay your mortgage."
To read more, visit:...
From: Student Loan Tutor
Related topics : mortgage loan debt to income ratio calculator / fha home loan / mortgage student loan debt
Lowering Your Debt to Income Ratio
Paul Houdek, a senior mortgage professional, has been helping Minnesotans through the home loan process for years. He helps find the safest and most affordable way to achieve home ownership whether you are a first-time buyer, need help raising your credit score, or need to refinance, Paul is there to help you each step of the way. Have questions for paul?
From: Successful Home Ownership Works
Related topics : mortgage loan debt to income ratio
Getting prequalified for a home loan
Bart & Tracey Tipton of Majestic Properties, Bakersfield's luxury home experts talk about the lending process with Kevin Gonsalves of Cornerstone Mortgage. Part 1 of 2. This video encompasses the steps to becoming prequalified for a home loan including VA financing, FHA financing, and the conventional loan qualifications. It talks about credit scores, debt to expense ratios, income requirements, and time frames for closing loans. A very informational lending video.
From: Majestic Props-Tiptons
Related topics : home finance loan / credit score loan home / mortgage loan debt to income ratio / fha home loans / va home loans
Definition of a Qualified Mortgage (QM) - According to CFPB
This video offers a simplified definition of the Qualified Mortgage (QM) rule. It is based on the definition introduced by the Consumer Financial Protection Bureau (CFPB) in January 2013. The QM rule is scheduled to take effect on January 10, 2014.
The definition of a Qualified Mortgage, or QM, includes the following:
* It prohibits negative-amortization and interest-only payment structures.
* It limits some mortgage points and fees to 3% of the loan amount.
* It limits borrowers to having a...
From: Home Buying Institute
Related topics : mortgage loan debt to income ratio
How a mortgage underwriter will review your income on your taxes when applying for a home loan
Always consult with your CPA or Tax prepare/advisor on how to properly file your state and federal tax returns.
Income answers you need to know when purchasing or refinancing a home. What the mortgage underwriter will review on your federal taxes returns when qualifying for a home loan.
Watch the deductions on your taxes, if you are looking to refinance or buy a house you need to know what the underwriter will review on your 1040s to use as qualifying income to determined your debt to income...
From: Loan Officer Rancho Cucamonga
Related topics : mortgage loan debt to income ratio / refinance home loan mortgage
VA Home Loans Austin Texas
www.TexasHomeMortgage.info - Guild Mortgage Austin is a direct VA lender offering VA home loans with flexible credit options. Minimum Credit score 600, No Credit Scores Ok, and Manual Underwriting. Debt to Income Ratios are not caped unless manual. Guild is dedicated to helping our Veterans achieve home ownership. Call us today to find out today how we can help. 512.904.7500
From: MLS Austin Real Estate
Related topics : credit score loan home / va home loans / no credit loan / texas home loans / mortgage loan debt to income ratio
VA Home Loans El Paso Texas
www.TexasHomeMortgage.info - Guild Mortgage El Paso is a direct VA lender offering VA home loans with flexible credit options. Minimum Credit score 600, No Credit Scores Ok, and Manual Underwriting. Debt to Income Ratios are not caped unless manual. Guild is dedicated to helping our Veterans achieve home ownership. Call us today.915.503.1574 to find out today how we can help.
From: MLS El Paso Real Estate
Related topics : credit score loan home / credit loan mortgage score / no credit loan / texas home loans