Ask The Underwriter

Upcoming Changes to Freddie's Credit Requirements These credit changes will be published in the November Guide Bulletin and will be will be effective for Freddie Mac settlements on and after February 2, 2009: Revise requirements for minimum Indicator Scores by: Establishing minimum Indicator Scor...

Upcoming Changes to Freddie's Credit Requirements These credit changes will be published in the November Guide Bulletin and will be will be effective for Freddie Mac settlements on and after February 2, 2009: Eliminate purchases of all mortgages originated with stated income and/or stated assets,...

LoanAce is free mortgage loan origination software that can automate your loan origination process and encompass all your LOS needs in one mortgage loan system.  LoanAce® debuted on August 1, 2006 as the Mortgage Industry's first Loan Origination Software available at no charge, and has quickly c...

I'm not going to say who the lenders are, but I've received several emails from brokers asking about FHA Alternative credit.  FHA does accept Alternative Credit.....what I'm hearing is that the LENDERS ARE NOT ACCEPTING ALTERNATIVE CREDIT!! Okay, now........That's not cool!  FHA goal is "a home f...

Question from Borrower: ..........we will be living in our house No. 2. The house is close to university and accessible to public transportation. It has 4BR. We will have the 2Br to ourselves and the other 2 rooms to be rented out to students. The loan consultant called me yesterday that the hous...

FHA Mortgage Training that fits in everyone's budget! Spring into FHA with the information you need to get your loan approved.  This course was designed for you to hit the ground running.  A 3 hour course that goes over the information you need to get your FHA loan approved!  June 10th's course f...

I've received quite a few emails from brokers and processors asking for leads on stated income programs (and sub-prime programs!)  I also receive several emails a week from mortgage professionals needing help with stated income loans? (if your one of those mortgage professionals you missed a grea...

FHA Mortgage Training: Houston,TX  May 14-15th 9am-4pmWe still have slots available!  Join Alpha Mortgage Training in Houston,TX for a Live FHA Mortgage Training Course.  This course was written by a Mortgage Underwriter to train Mortgage Professionals to work with FHA loans.  This course is taug...

Join D.Bass from Alpha Mortgage Training & Jackie From P. C. Consultants, LLC  for an afternoon of Revitalization!  We will discuss: Authentic, Low Cost Ways to Fill Your Pipeline Learn what the underwriter is thinking (please no egg throwing!) How to effectively work with your processor Discuss ...

Calabash Vegan Cafe is by far the best restaurant I've been to. I've been going to this cafe for the past two months.  I have to confess:  "I'm hooked".Mind you I live in Canton, Ga (45 mintues and like 45 miles from downtown Atlanta!), but I find myself breaking speed limits at least once a week...