Can I just go with an FHA loan even though I qualify for Conventional with 20% down?
Yes, as the borrower you can choice the mortgage type and product you want.
I cancelled my contract, but am still looking for a home. Does my credit report need to be repulled?
It depends upon when your hard credit report was pulled. Most lenders require a mortgage to close within 120 days of the credit report being pulled for that report to be used.
Which credit score do mortgage companies use?
Mortgage lenders use scores from all three credit bureaus: Experian, Equifax, and Transunion.
Can I cancel my refinance loan application?
Yes, you can always cancel a refinance application up until closing. A cancellation might result in paying third-party fees, but the right to cancel is available. In certain situations, you can cancel your refinance application up until 3 days after closing.
Can a borrower go from being self-employed to W2 job and qualify for a mortgage?
Yes, a borrower can switch from self-employed to W2 job and get qualified for a mortgage. How long the borrower will need to be at the new W2 job will depend upon the type of W2 income they get (salaried vs hourly vs commission).