Texas Lone Star Lending

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New regulation slows mortgage closing process

 Loan Guidelines, Regulations, Residential Mortgage  Comments Off on New regulation slows mortgage closing process
Feb 242014
 

For more information, please contact me at (512) 261-1542 or steve@LoneStarLending.com.

 Posted by G. Steven Bray at 11:00 pm  Tagged with: closing process, Dodd-Frank, QM, qualified mortgage

Qualified mortgage rule tightens loan guidelines

 Loan Guidelines, Residential Mortgage  Comments Off on Qualified mortgage rule tightens loan guidelines
Feb 182014
 

For more information, please contact me at (512) 261-1542 or steve@LoneStarLending.com.

 Posted by G. Steven Bray at 11:00 pm  Tagged with: commission income, employment history, guidelines, qualified mortgage, underwriting

USDA RD no money down loan available in some suburban areas

 Owner-occupied, Regulations, Residential Mortgage  Comments Off on USDA RD no money down loan available in some suburban areas
Feb 092014
 

Click here for a link to the USDA eligibility map.

For more information, please contact me at (512) 261-1542 or steve@LoneStarLending.com.

 Posted by G. Steven Bray at 11:00 pm  Tagged with: Rural Development, rural home loans, USDA, USDA RD

FHA, USDA loan approvals get a bit harder

 Loan Guidelines, Residential Mortgage  Comments Off on FHA, USDA loan approvals get a bit harder
Feb 032014
 

For more information, please contact me at (512) 261-1542 or steve@LoneStarLending.com.

 Posted by G. Steven Bray at 11:00 pm  Tagged with: debt ratio, DTI, FHA, QM, qualified mortgage, Rural Development, USDA

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