Can a mortgage lender inquire about your disability status?
A person's disability status is not typically a question that a mortgage lender should be asking.
Can I have more than one Veterans Administration (VA) mortgage?
Yes. The Veterans Administration does not limit the number of VA mortgages a Active Duty, Veteran, National Gurad or Surviving Spouce may have. The only restriction to the number of mortgages is the amount of entitlement left for the borrower to use.
What are "negative points" on a mortgage?
Negative points is an infreuqntly used term for a lender credit. Mortgage points are a one-time fee paid at closing to get a lower interest rate.
Can I get approved for a mortgage if I plan on changing employeers prior to closing?
Switching a job or employer is not a dead end to your mortgage. The main concern will be the type of income that you currently make vs. how you will be paid in the future.
What are tax transcripts?
Tax transcripts are official documents provided by the Internal Revenue Service (IRS) that summarize information provided to them about you. They are often used for various financial and legal purposes, including verifying income, applying for loans, and resolving tax issues.