Mortgage Guide

Today I cover the real estate tax exemption for 100% disabled veterans in the state of Michigan. If you are a veteran of the armed forces, I appreciate your service to our country. Semper Fidelis. Helpful link https://www.balanceprocess.com/all-american-exempt

Getting approved with a manual underwrite is often the most logical solution for a challenge on an FHA or VA loan. In today’s episode of the mortgage guide podcast I cover what manual underwriting mortgage means, and how it can be the glue that holds it all together.

If you are self-employed or a private contractor, this is the episode you need to hear. I dive into exactly how to get approved for a mortgage with a bank statement loan, and no tax returns are required. Unfortunately, so many times business owners are told they do not qualify for a mortgage because of […]

Do I qualify for a home loan? To answer that question you need to understand how lenders look at your income, your credit, your assets, and the property you’re looking to finance. Today I dive into each component in depth in order to answer all of the qualifying questions you may have. More at BalanceProcess.com

Everything you need to know about how an underwriter looks at your income and tax returns when considering you for approval or denial. More at BalanceProcess.com

Recent foreclosure or short sale? Not the end of the world. With a portfolio loan there are options for home financing EVEN if you you’re seeking a jumbo loan. I go into detail in today’s podcast. Follow me on insta @alesner

Here is a full breakdown on the most popular first time home buyer loan options. All very low down payment, and some 0% down. I mentioned several useful tools to use to research your eligibility, all of those are included in the link below. Useful links found here: https://www.balanceprocess.com/first-time-home-buyer-loan/

Today, we look at 5 reasons your appraisal matters BEYOND value. Yes, the whole point of getting an appraisal is to find out the fair market value, but an appraisal means so much more than just the value when it comes to the home buying process.

(click play above) In today’s episode of the Mortgage Guide Podcast we cover what lenders are looking for when reviewing your credit report, and the things that DON’T show on your credit report as well.

Demonstrating the ability to repay is perhaps the most important piece of getting approved to buy a house. Here is why.

Sellers concessions can bring life to a dead deal. Here are the things you need to know about getting seller concessions negotiated into your home purchase contract. BalanceProcess.com – Bringing balance to the home buying process.

In today’s episode of the mortgage guide podcast we cover the basics of what lenders are looking for when evaluating a possible pre-approval: income, credit, assets, and property. Learn more at BalanceProcess.com

(click play above) There are some specific things you should NOT be doing after you get pre-approved for a mortgage. In today’s episode we cover the classic mistakes a borrower can make when.

What you need to know about building a house with an FHA Construction to Permanent One Time Close Loan. Full article here: https://www.balanceprocess.com/fha-construction-loan/ Keep in mind, there are limits to loan amounts for FHA in every county, check your county here: https://www.fha.com/lending_limits

Buying a home with seller financing on a land contract is not for everyone. In this episode I cover what you need to know about buying a house on land contract, and how to successfully refinance out of it when it’s time. You can also learn more at https://www.balanceprocess.com/what-is-a-land-contract/

Everything you need to know about getting a portfolio loan. Portfolio loans are a perfect opportunity for borrowers seeking home financing, but don’t fit within normal lending guidelines. Here are some scenarios where a portfolio loan might be a good fit: Recent credit issue – Bankruptcy, foreclosure, short sale, ect. – but now back on […]

Episode 1 of the Mortgage Guide podcast. Building credit is crucial when seeking home financing. Here are some tips to carry with you.