What Are the Rules for Down Payment Gifts? When it comes to home buying, 20% is the standard amount that lenders prefer for down payments. But coming up with the cash isn’t always easy. Having someone give you the money reduces your burden, although it can potentially complicate things. Before you accept a down payment gift, … Continue reading What Are the Rules for Down Payment Gifts?
Self-employed mortgage borrower? Here are the rules Self-employed mortgage: easier than you think For the 14-million self-employed mortgage borrowers nationwide, it’s getting easier to get approved for a home loan. Here’s your complete guide to getting a self-employed mortgage today. Verify your new rate (Jan 10th, 2018) Recent changes make it easier Guidelines for self-employed … Continue reading Self-employed mortgage borrower? Here are the rules