Author Archive
Getting Approved For a Loan: 4 Key Criteria
A common question most borrowers have is, “how is my loan application evaluated”, or “what is an underwriter looking for?” There are 4 main criteria by which an underwriter evaluates a loan: capital, capacity, character, and collateral. The first three relate to the borrower, and the fourth refers to the evaluation of the property. Most […]
FHA Loans- Affordability Solutions for First Time Homebuyers
“FHA” and “First Time Homebuyers” are real buzzwords as far as home buying is concerned, especially when those terms are used in combination. Many readers have heard the “FHA loans are great for first time homebuyers” street talk, but without detailed, supporting information as to why.
The intent of this article is to quantify the features […]
