Tag Archives: qualifying for a mortgage

A Mortgage Application For A Property Purchase That Actually Excludes A Current Mortgage From The DTI Calculation?

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  So let me get this straight…A mortgage applicant currently has an outstanding mortgage on their home, and those expenses can be excluded from the DTI calculation for a mortgage that will be used to buy another home? Are we talking about a bridge loan or a loan from some other non-traditional lender? The answer […]

Can You Buy A Home, EVEN WITH Student Loan Debt?

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A recent article at the Hallmark Abstract Service blog asked the following question…’When Applying For A Mortgage, Is Riding On A Rocket Always Your Best Option?’ The premise of this article was whether a prospective homebuyer shopping for a mortgage is best served by an online provider that basically runs the borrowers information through a […]