Dividend income tactics to get over a DTI hump
Sometimes you need that extra income to get your borrower over the DTI hump to move them from declined to qualified. One item that many
April 7, 2017
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Two FHLMC rental income calculator methods
A few months ago we posted a blog focusing on the differences between the rental calculations for other properties the borrower owns when using either
January 30, 2017
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Property value relief of Day One Certainty
Continuing on with part two of our blog series about the Fannie Mae Day 1 Certainty program, today we focus on the collateral section of
January 17, 2017
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What is FNMA Day One Certainty?
Good news for the mortgage lending world, we have an advocate in our marketplace who wants the same goals for our companies as we do!
January 4, 2017
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New Year’s Resolutions
As we wrap up 2016 and get ready for 2017 our team at Blueprint just wanted to take 2 minutes to say thank you! We
December 28, 2016
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Digital Mortgage 2016 – what you missed
The National Mortgage News group (Source Media) just completed its first ever Digital Mortgage conference on Dec 8th & 9th in San Francisco CA. This conference was
December 13, 2016
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The biggest lesson learned
I have two young adult children, my oldest is a senior in college this year. During his high school days and throughout his college time
November 29, 2016
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REO Showdown FNMA vs. FHLMC Calculations
I recently had a few discussions with some of our clients and blog followers about how different the REO calculations are between FNMA and FHLMC.
November 1, 2016
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Forgotten income from vehicle depreciation
**updated 05/11/2019** Sometimes we have a borrower that is missing the AUS approval by a mere few dollars, nothing more heartbreaking than a 46% DTI
September 27, 2016
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Underwriting for Statutory Employees | Blueprint
After years of working in underwriting when you look through enough loans it becomes easier over time to recognize a borrower’s income type. However there are
September 20, 2016
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FNMA 1084 and FHLMC Form 91 are useless
Of the questions I have received is if I can make a training video or instructions for the 1084 & 91 forms. Generally speaking my
September 16, 2016
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Can Business Funds Be Gifted for a Down Payment? | Blueprint
Sometimes when you are underwriting the same question seems to come in “three’s”. Maybe it is timing, maybe happenstance, or maybe different people are asking the
September 13, 2016
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Who’s the boss in underwriting?
Most Popular Income Type in the US In the world of underwriting the self-employed borrower gets a ton of attention. If you ask for underwriting
August 29, 2016
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FNMA large deposit rule on refinancing
A few days ago I received a question about how to handle large deposits when the transaction is a refinance on a FNMA conventional loan.
August 24, 2016
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3 Reasons to Show Your Math | Blueprint
When I was in school if you asked me what my favorite subject was I would have told you math. Not really because it was
August 16, 2016
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