In this article, we will discuss and cover conventional appraisal guidelines when buying a home with a conventional mortgage loan. We will also compare transferring an FHA appraisal versus a conventional home appraisal from one lender to a different mortgage lender. You can transfer an FHA appraisal to another lender if you decide to change…
One of the most common questions we get at Capital Lending Network, Inc. is can I qualify for conventional loans with outstanding collection accounts? FHA loans are the most forgiving loan program when it comes to bad credit. HUD, the parent of FHA, sets the most lenient algorithms on the automated underwriting system (AUS) to…
Are you looking for a loan that offers more flexibility than an FHA loan? If so, a conventional loan may be the right choice for you. Here are some things to consider if you’re thinking about applying for a conventional loan. Conventional loans are best for people with good credit who can afford a down…