On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

Carrington Mortgage Services is a national mortgage lender that offers several types of mortgage loans, including conventional, FHA, VA, USDA, and non-qualified mortgages. The company also offers ...

The deal includes a meaningful concentration of collateral that KBRA considers to be "non-prime" (92.5%), where most loans are either classified as non-qualified mortgages (Non-QM) (51.5% ...

However, there are a few general steps to follow: Each lender has unique criteria when approving a loan, so it’s always best to contact a qualified mortgage professional for more information.

On February 11, it was reported that, despite the temporary halt in the CFPB’s operations, the Bureau’s tables for the Average Prime Offer Rate ...

If the process feels overwhelming, consider engaging a qualified mortgage broker. They can apply to multiple lenders on your behalf and are typically compensated by the lender, not the borrower.

Non-QM loans are mortgages that don't meet the requirements to be considered a qualified mortgage. Qualified mortgages have certain features that make borrowers less likely to default, including ...

Non-QM loans are mortgages that don't meet the Consumer Financial Protection Bureau's requirements for qualified mortgages. They're riskier than more common types of mortgages like conforming ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

Cummings says that homeowners who choose to itemize deductions must complete Schedule A, documenting expenses such as ...