Did you know that Google has a rate checker tool? This is a lot more accurate than the rates that are being broadcast on tv and online. With the tool that comes directly from the CFPB, they take the average par rate from the market and you can actually adjust it by credit score and down payment amount.
Side note….most mortgage brokers, including me, can beat the Google rate nearly every time. Sadly many of our competitors are well above the Google rate.
As always, if you have any questions, please do not hesitate to reach out at 937-572-3713.
NMLS #1674385
If you’ve been denied for a VA home loan by major lenders like Veterans United or Rocket Mortgage, don’t lose hope. You still have a strong chance of getting approved. The reason? Many big online lenders enforce additional rules known as lender overlays, which go beyond what the VA itself requires.
If you’ve been denied for a VA home loan by major lenders like Veterans United or Rocket Mortgage, don’t lose hope. You still have a strong chance of getting approved. The reason? Many big online lenders enforce additional rules known as lender overlays, which go beyond what the VA itself requires.
Manual underwriting is a process that involves a human underwriter reviewing an applicant’s financial information instead of an automated system. This process can be used for VA loans when the VA’s algorithm doesn’t approve an applicant, or when an applicant has certain negative items in their credit history.
Take the 30 second mortgage quiz to see if you qualify
