Facing loss of home due to trouble making house payment payments and considering Chapter Seven bankruptcy? It’s crucial to grasp how Fannie Mae, previously the Federal National Mortgage Association, relates into this complex situation. Generally, Fannie Mae doesn’t directly surface in a Chapter 7 case. They are a large investor that purchases h… Read More

When applying for an FHA or VA financial product, it's essential to know about lender overlays. These additional requirements may affect your ability to secure financing. Lender overlays differ widely, so diligent research is necessary. Get acquainted with common lender overlays, such as credit score standards, debt-to-income ratio… Read More