No Escaping Mortgage Guidelines

November 10th, 2016

brian-martucci-underwriters-referees-mortgage-blogThere’s no outsmarting or escaping the mortgage guidelines upheld by underwriters, no matter how much income or assets the buyer has. The purpose of the underwriting process is to check the loan applicant’s credit, financial capacity, and the collateral. The underwriter’s main purpose is to make sure everything in the application meets the loan’s guidelines that you are applying for, whether that be from Fannie Mae, Freddie Mac, FHA or VA. Read the rest of this entry »

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