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What Is The Debt-To-Income Ratio (DTI)?

http://fwd4.wistia.com/medias/mzmbd5twlm?embedType=iframe&videoFoam=true&videoWidth=640 Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability to repay a loan. Like the video says:...

What Does Ability To Repay Mean?

http://fwd4.wistia.com/medias/7afzdrodwg?embedType=iframe&videoFoam=true&videoWidth=640 What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity...

What Are VA Home Loans?

http://fwd4.wistia.com/medias/3m51w7l8qm?embedType=iframe&videoFoam=true&videoWidth=640 What Are VA Loans? As the video says, the name is misleading - they’re not loans FROM the VA. The VA - short for “US Department of Veterans Affairs” - is the...

What Are The Major Types Of VA Loans?

http://fwd4.wistia.com/medias/3l2mpj8eu8?embedType=iframe&videoFoam=true&videoWidth=640 What Are The Major Types Of VA Loans? Major Veterans Affairs loan programs described in this video include: 1) Purchase Loans. These help eligible parties buy a...

What Is A Rate Lock?

http://fwd4.wistia.com/medias/ry12go2nph?embedType=iframe&videoFoam=true&videoWidth=640 Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term 'rate...

What Is A Qualified Mortgage?

http://fwd4.wistia.com/medias/qdbhqzbedd?embedType=iframe&videoFoam=true&videoWidth=640 As this video explains,  Federal laws put into effect in 2014 and  supervised by the Consumer Financial Protection Bureau define lending practices and loan terms...

When Do I Get My Loan Closing Disclosure?

http://fwd4.wistia.com/medias/ve72k2p8aj?embedType=iframe&videoFoam=true&videoWidth=640 If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business...

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