3 years ago
Employment Verification Process

Verification of Employment for Mortgage Template

This Article Is On Verification Of Employment During The Mortgage Process By Lenders Verification Of Employment is one of the most important steps in the mortgage process. Employment Verification is often referred to as VOE. It is when a lender will require employment and salary verification by the employer of the mortgage loan applicant. Borrowers...

3 years ago
Fannie Mae and Freddie Mac Guidelines on Home Mortgages

What are Fannie Mae and Freddie Mac Guidelines on Home Mortgages?

Fannie Mae And Freddie Mac Foreclosure Guidelines On Conventional Loans: Borrowers can qualify for conventional loans after foreclosure, deeds in lieu of foreclosure, or short sales. However, there are mandatory waiting period requirements after a housing event to qualify for a conventional loan. The waiting period requirements after a foreclosure, deed in lieu of foreclosure,...

3 years ago
Will House Prices Go Down in 2023

Will House Prices Go Down in 2023

Despite the coronavirus outbreak, shutdowns of county and city government, schools closed, economic uncertainty, the 2021 housing market forecast expected to be best in 15 years.,  Many economists and so-called experts are dumbfounded by how strong the housing market has been in 2020. Despite the coronavirus outbreak hitting the nation in February 2020, the housing...

4 years ago
What is a Loan Estimate

Loan Estimate and Closing Disclosure Timeline

This Article Is About The Loan Estimate And Closing Disclosure During The Mortgage Process The Loan Estimate And Closing Disclosure are the two most important documents in the mortgage application and approval process. The Loan Estimate commonly referred to as the LE has replaced the old Good Faith Estimate (GFE). The Closing Disclosure is commonly...