Search results for: fha
Citizenship and Residency Requirements for a Mortgage in Florida
Understanding the citizenship and residency requirements for mortgage loans is critical for buyers who are U.S.
Read MoreVA Manual Underwriting Guidelines (2026): DTI and Residual Income
2026 Update (September 2026) VA sets no minimum credit score. Many lenders set their own. 41% debt-to-income is a guide, not a hard cap. Above 41%, residual income at least 20% over VA’s regional guideline can support approval. On manually underwritten (Refer) files, lenders look closely at your housing payment history, often up to 24…
Read MoreTerminating Private Mortgage Insurance: How to Cancel PMI the Right Way
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreMortgage Recast: How to Lower Your Payment Without Refinancing
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreNon-Warrantable Condo Loan Jacksonville: When the Building Is the Problem
Non-warrantable condo loan Jacksonville options when the building fails agency standards.
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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 discretionary debt, and 40/50 with two. FHA guidelines may change, and lender overlays may be stricter. At North Star Mortgage Network, we help Florida borrowers navigate FHA loans, including FHA manual underwriting. If…
Read MoreVantageScore 4.0 for Mortgages: What Changed in 2026
Gift Funds for a Mortgage: Who Can Give and What You Need to Know
Short answer Gift funds are allowed on conventional, FHA and VA loans. What changes by program is who is allowed to give, how the money has to be documented, and whether any of the down payment still has to be your own. Call or text 904-880-6741 Ask about your actual file — no SSN, no…
Read MoreFamily Opportunity Mortgage Florida: Buying a Home for a Parent or Adult Child
Family Opportunity Mortgage Florida rules let you buy a home for a parent or adult child at primary-residence terms.
Read MoreStudent Loan Payment When Qualifying for a Mortgage: What You Need to Know
Understanding how student loan payment when qualifying for a mortgage is calculated is crucial—especially for borrowers with deferred or income-based repayment…
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