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Menu ↓ About Lenderama Want to Contribute? News For Consumers Mortgage 101 Loan Programs News For Originators Lenderama Mortgage 101 Loan Programs Mortgage Tools Conventional Home Loans Recent Articles for Consumers Jumbo Renovation Loans Opening Doors in the High-End Market Breaking New Ground with Jumbo Renovation Financing I have been a renovation loan specialist for years and have begged every employer that I've had for one thing, a jumbo renovation loan. I have finally gotten my wish and the high-end, luxury market has a new financing toy. There's always been ... Read More... Property Condition When Selling A Property When you plan on selling a property, it’s important to remember that most buyers will have to take out a mortgage to buy your property. When a mortgage company or bank looks to help finance a property for a buyer, an appraisal will be necessary to show condition of the property. If there are a ... Read More... FHA Mortgage Program: Popular Among First Time Home Buyers The FHA mortgage program has become a very popular mortgage program with first time home buyers. Home buyers do have many options with mortgage programs when looking to get pre-approved, but the FHA program has become the most popular. There are many reasons why the FHA program has become very ... Read More... With Refinance Booming, VA Loan Volume Hits 18-Year High VA loan volume hit an 18-year high in the fiscal year that ended in September, according to data recently released by the Department of Veterans Affairs. The significant increase -- both historical and year-over-year -- is another sign that military borrowers are moving away from the tighter conv ... Read More... Recent Articles For Originators FHA Makes "Economic Event" an "Extenuating Circumstance" and It's About Time! FHA Makes "Economic Event" an "Extenuating Circumstance" By: Tracey Rumsey, Staff Underwriter & Karen Deis, Publisher, www.MortgageCurrentcy.com Well, it took 6 years – but FHA has decided that a job loss or decrease in income can ... Read More... Don't End Up In Fair Housing Jail! Title: Don’t End Up in Fair Housing Jail! Karen Deis, Publisher, www.MortgageCurrentcy.com & Tammy Butler, www.OptimaBlue.com Here’s a story that is happening more and more as the CFPB hires more people to “police” FAIR HOUSING – Can you defend yourself in case of an audit? Examiner: Mr. Mortgage Company: can you ple ... Read More... Have The Regulators Seen Their Shadows? Have the Regulators Seen their Shadow? Karen Deis, Publisher, www.MortgageCurrentcy.com – View free video blog on home page. Well, it seems like the agencies have “seen their shadow” and crawled back into a hole—because there were only a few updates within the last 30 days! As part ... Read More... So, What's This About a Social-Media Quality Control Plan and Your Mortgage Business? (FFIEC) Social Media & Mortgage Marketing – FFIEC Proposed Rule By: Karen Deis, Publisher, www.MortgageCurrentcy.com So, what’s this about the social media quality control, mortgage marketing and the FFIEC? We’ve taken the 36-page proposal ... Read More... Big Brother is Watching - Joint Venture between FHFA and CFPB to Monitor the Mortgage Market Joint Venture between FHFA and CFPB to Monitor the Mortgage Market! A new national mortgage database is being created to provide the ability to track and monitor various topics. Some of the ways this database would be used would be to: Monit ... Read More... Just So There's No Misunderstanding--Mortgage Rules & FAQ's Title: Just So There’s No Misunderstanding By: Karen Deis, Publisher, MortgageCurrentcy.com Before I get started with the updates for December, what I’ve noticed over the last few months is that Fannie, Freddie, FHA, VA and USDA have issued quite a few clarifications and updates in the f ... Read More... [ More About Me ] Search for: Our Website Home Page Real Estate Information & Listings Visit Our Mortgage Blog Industry Resources National Mortgage Professional Mortgage Video Blog Mortgage Reform Renovation Loans Our Company About Us & Our Services Read Our Client Testimonials Contact Copyright © 2020 | Log In...