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Tag Archives: Mortgage loan

Income Verification

Income Verification: The Importance of validating the 4506-T Form

Income verification and understanding how the 4506-T works Income verification   It is necessary to get information from the IRS if you want to obtain final loan approval for most programs. Working with your mortgage lender can make it easier for you to know the right documents needed to qualify for a home mortgage. Options for Income Verification 

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co-signing a loan

Co-signing a Loan or a Joint Mortgage: Which is Which

What is the difference between Co-signing a loan or being a joint applicant? Co-signing a loan   A home is one of the largest purchases you and your spouse will make during your lifetimes. As a result, its ownership is going to have important implications for the time to come. When embarking on this journey,

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mortgage interest deduction

Mortgage Interest Deduction & others You’ll Lose On Your 2018 Return

Mortgage Interest Deduction Mortgage Interest Deduction The TCJA changed and eliminated a good number of itemized deductions. However, these changes are temporary since they have a lifetime of up to 2025 unless the Congress votes for some or all of them to continue.  Meanwhile, you need the right information so that you can plan accordingly

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Zero Down Mortgage

Zero Down Mortgage – First Time Homebuyer Loan

Zero Down Mortgage for First Time Homebuyers A Zero down mortgage is available in Nevada through Home Is Possible™. Buy a home & put your hard earned money towards your future rather than paying someone else's mortgage through rent.  What's even better about this particular grant is that it works for those who aren't a

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conforming loan limits

Conforming Loan Limits for 2019 Are Available Now

FHFA Announces Maximum Conforming Loan Limits for 2019 The Federal Housing Finance Agency (FHFA) has announced its new Conforming loan limits for 2019. During the announcement, FHFA increased their limits for the loans acquired by Freddie Mac and Fannie Mae. FHFA is increasing its loan limits for the third straight year in a row after

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