Hi Rhonda, My husband and I are looking into buying a house. I am a first time buyer. He co-owns…
On Is it a Primary Residence, a Second Home or Investment Property?
[...] the release of the QM and Ability to Repay rules from CFPB, I decided to try to read through…
On CFPB’s Qualified Mortgage Rule and the Ability to Repay
[...] a criminal background check and met the SAFE Act Standards. It's mind boggling to me that LO's who work…
On Is Your Mortgage Originator Licensed or Registered
Every responsible homeowner should be able to refinance again under HARP 3.0,even who have done the HARP 1.0 AND HARP…
On Waiting for HARP 3.0? You can sign this Petition.
We live in Southern California. Homes near my wife's place of employment are simply out of our reach. In the…
On Is it a Primary Residence, a Second Home or Investment Property?
My wife is purchasing a home about 90 miles from where she works. She's the sole purchaser - I'm not…
On Is it a Primary Residence, a Second Home or Investment Property?
Dear Rhonda, thank you so much for a valuable article. You must be overwhelmed with several comments/requests, but I was…
On Should I do an FHA streamline refi if my rate is 4.875%?
The new rule adds a requirement for no more than a 43 percent debt-to-income ratio. Do you know if that…
On CFPB’s Qualified Mortgage Rule and the Ability to Repay
Hey Rhonda! I LOVE these "Home Letters" and have often used them when representing Buyers. They can make all the…
On A Strategy for Seattle Home Buyers: I Love Your Home Letters
Thanks for the quick reply, so even if I close and sign before this takes effect my terms for the…
On FHA Mortgage Insurance to remain on loans FOREVER