Can I Get Approved for a Mortgage if My Income Comes from the Cannabis Business?
Under some circumstances, income derived from a cannabis business may be allowed to be used for mortgage approval.
Which credit score do mortgage companies use for qualification?
Most mortgage lenders use your FICO® score — specifically, older versions of it — when evaluating your application.
I am self-employed, but don't a lot of income on my tax returns, can I get a mortgage?
Yes, you can depending upon how much you have for down payment.
Why did I get a bill for my real estate taxes if I have an escrow account on my mortgage?
Many communities require homeowners to get a copy of their real estate tax bill regardless of who pays it. This tax bill will help homeowners prepare for any increases to their real estate tax
I am under contract for a home, but forgot to mention to my loan officer about a small loan I took out recently, am I in trouble?
Short Answer:
Probably not. This will be highly dependent upon how much the monthly payment is for that new loan vs your current debt to income ratio.
Longer Answer:
Buying a home is