Recent Articles
23
2023
Yes, the large deposit guidelines are different for each agency. Conventional (FNMA and FHLMC): A single deposit that exceeds 50% of the total monthly qualifying income for the loan FHA: Any individual deposit 1% or greater of the adjusted value VA: Any individual deposit 2% or...
20
2023
Getting a credit card can be an excellent way to build credit, but it's essential to use it responsibly. Make sure you can pay off the balance in full each month, and try to avoid carrying a balance from month to month. Additionally, paying your bills on time is essential to avoid late fees and...
20
2023
Some BIG Changes to Mortgage Costs Were Just Announced In a single moment, the fees for most new mortgages in the US have changed. Sometimes, the changes are drastic, both for better and worse. Let's break it down. What do you mean by "fees/costs?" ...
20
2023
Are you in the business of originating DSCR loans? If so, you may be interested to know that you can now expand your reach to more investor borrowers. Twenty states and Washington DC allow you to originate DSCR loans without being licensed in that state. DSCR...
20
2023
FOR IMMEDIATE RELEASE Ameripro Mortgage Announces Expansion of DSCR Loan Origination Services to 20 States and Washington DC (City, State) - Ameripro Mortgage, a leading lender in the industry of originating DSCR loans, is excited to announce the expansion of its...