I always love to hear about guidelines loosening. In a business where everything is so complicated, it is nice to get some good news every now and then! Fannie Mae made some changes the other day that will make it easier for some applicants to qualify for a mortgage. Here are a few of the highlights: Student Loans – If you have student loan debt that is deferred or in any kind of forbearance, we can now use the student loan payment that shows on the credit report.
If you or someone you know is one of the many Yumans who lost their home as a result of a foreclosure, short sale or bankruptcy, there is hope! Not only is homeownership possible again, but it may be easier than you think. In most cases there is a waiting period before you are eligible to qualify for a home loan. But buying a house again doesn’t have to be complicated once you know the waiting period that applies to your personal situation and take the necessary steps to
I recently started researching my ancestors. For some, it is easy to track their whole life story. There are public records of land ownership, boat travel, holding public offices, journal entries and stories written down by family and friends. For others, there is absolutely no information. There are even some people we know existed, but there is no record even of their name. How does that happen? Doing this research has turned my thoughts to what we are leaving behind. We all come to this earth and live