Search results for: credit
FHA Manual Underwriting Guidelines (2026): Ratios, Reserves and Credit
2026 Update: Reviewed September 2026. FHA manual underwriting ratio limits remain 31/43 with no compensating factors, 37/47 with one, 40/40 with no…
Read MoreHow to Get Your Free Credit Report and Why It Matters
When was the last time you checked your free credit report ? Your credit report plays a crucial role in your financial health, affecting everything from loan…
Read MoreCan You Run Mortgage Numbers Without Pulling Credit?
When you start thinking about buying a home or refinancing, one of the first things you may wonder is: Can You Run Mortgage Numbers Without Pulling Credit? The…
Read MoreMEDICAL DEBT BANNED FROM CREDIT
On Monday January 7th the CFPB finalized a new rule banning credit reports from putting medical collections on personal credit reports.
Read MoreAmericans have an average of $6,300 in credit card debt: Here’s how much you’d pay monthly to clear it in 1, 2 or 3 years
The average American has thousands of dollars of credit card debt. As a whole, Americans hold a record $1.14 trillion in credit card debt as of the second…
Read MoreCREDIT CARDS FOR CLOSING COSTS
When you know you are going to be tight on cash to close one of the tricks of the trade you can use on conventional loans is putting upfront costs on a credit…
Read MoreWays to Build Your Credit During COVID to Buy a Home
With the world being in such an unfamiliar state, we know that thinking about your day to day just as much as your long term future, can seem quite…
Read MoreFlorida Mortgage Resource Library
Hundreds of plain-English answers on FHA, VA, USDA, credit, down payment help, self-employed income and refinancing in Northeast Florida.
Read MoreThree Florida Loan Options Most Borrowers Don’t Know About: 90% Cash-Out, 10%-Down Second Homes, and Jumbo Loans Up to $3 Million
A lot of homeowners hear “you can only cash out 80%” or “a second home needs 20% down” and stop asking. Those are common rules, but they aren’t the only rules. As a mortgage broker with access to many wholesale lenders, I can shop programs that a single bank may not offer. Here are three…
Read MoreFixed-Rate HELOC vs. Fixed Second Mortgage in Florida: Which One Fits?
Want cash from your home without giving up your low first mortgage rate? Compare a fixed-rate HELOC, a fixed home equity loan, and a traditional HELOC in Florida.
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