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As a mortgage broker, one of your main advantages is that you have access to many different lenders and hundreds of loan programs, which you can offer your customers. Having too many lenders to deal with–however–can become one of your biggest problems. As the person between the borrower and the bank, you’re responsible for [...]
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How do I document assets in an investment account for an FHA Home loan? FHA an FHA loan Assets such as IRAs, thrift savings plans, and 401(k)s, etc., may be included in the underwriting analysis up to only 60 percent of value unless the borrower provides conclusive evidence that a higher percentage may be withdrawn [...]
Payday loans are available online for individuals who do not have a checking account. Payday lenders are willing to lend to consumers that only have a savings account. The only requirement is that the account is active, with no long periods of inactivity. This is great news for individuals searching online for a payday lender that is able [...]