Qualified Mortgage Specialist, Inc NMLS 224622

Qualified Mortgage Specialist, Inc NMLS 224622 updated their website address.

NEW GUIDELINES for a borrower who is qualified using base pay, bonus, overtime or commission income less than 25% of the borrower’s qualifying income, unreimbursed employee business expenses are not required to be deducted from the borrower’s qualifying income. This applies regardless of whether unreimbursed employee business expenses are identified on tax returns or tax transcripts received from the IRS.
We are revising the minimum monthly payment amount that must be included in the debt-to-income (DTI) calculation when a student loan is deferred or is in forbearance and no monthly payment is verified from 2% to 1% of the outstanding balance of the student loan.

Call us at 954-942-6001 before you waste a beautiful Florida day.

More changes this time with the credit bureau. Should you need any help with know about your credit call 754-333-0715.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=5&id=323504

Credit scoring firms agree to changes News Article

To speed up the process of your mortgage application, make sure you give all the documents your Loan Officer asks for. The slower you are the slower the process goes. Call us to get your loan done fast.

Exciting things for the mortgage business in 2015. Have a Merry Christmas and Happy New Year.

When looking for a mortgage company make sue you deal with someone experienced and can think outside the box.

Now is the time to start getting prequalified for you mortgage. New is good but inventory is low. You need to be the first one to make the offer when it comes on the market and the agent will want to make sure you are qualified. Call us now and get started.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=31178

www.floridarealtors.org News Article

Got questions before you start looking for a home, call us even on the weekend and we will take your call and try to answer you question's.

We still do FHA. Call and see what programs you can qualify for.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=311244

JPMorgan threatens to stop FHA loans News Article

Before you start to work with a Realtor you should get prequalified. Call us to help you get approved with less hassle.

Should real estate firms be able to use drones?

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=310335

FAA subpoenas real estate firms that use drones News Article

Look for new condo guidelines next week 95% LTV condo financing with a 660 score.

Realtors here are some tips to help you with your buyers.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=307023

Buyers can irk sellers: Here’s how News Article

This is why a lot of firsr time homebuyer lost to cash buyers.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=306021

Firm buys more Fla. rental homes to bundle as bonds News Article

We Turn US Treasury into CFPB The National Real Estate Post turned the US Treasury into the CFPB for abusive lending practices with Fannie Mae and Freddie Mac. The GSE’s have more than paid back what was borrowed with their bail out yet none of the payback is counted toward their balance. It’s all dividend payments. ...

The new mortgage rules went into effect today. Now more than ever you should use a mortgage broker. Call with all your questions.

Mortgage rules have changed again. It is even more important now to use a professional. Don't wait to get turned down to call.

The end of the year is approaching and you will be filing your tax returns for 2013. If you want to get a mortgage watch your write off's. Those deductions will inpact your income to qualify. Call us before you file for some tips to be able to qualify.

My friend is working on getting a grant for his business. John Tischuk from Green Pastures Emerald Palm in zip code 33441. Please vote now because voting ends THIS FRIDAY AT MIDNIGHT. Lets help John win!!!

Chase Mission Main Street Grants Chase's $3M Mission Main Street Grants program for Small Business is in full swing! Apply or vote today! Learn more here: www.missionmainstreetgrants.com

Times are a changing again. It is important to work with someone who has been in the business and knows the guidelines. Call me with your next financing need.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=298309

Fannie Mae changes mortgage loan restrictions News Article

Wow I don't have to ask what anyone's thinks of this rule. Please share my page and ask others to like my page.



http://www.inman.com/2013/09/20/nar-hud-shooting-itself-in-the-foot-with-short-sale-policy/

NAR: HUD shooting itself in the foot with short-sale policy | Inman News NAR: HUD shooting itself in the foot with short-sale policyBan on dual agency in FHA short sales set to take effect Oct. 1 Inman News Staff Writershare this article Sep 20, 2013 Shoot yourself in the foot image via ShutterstockNew rules taking effect Oct. 1 that will prohibit brokers and agents from...

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=297034

New HUD rule could make more eligible for mortgages News Article

Do you know anyone that may have had some problems in the past and now wants a mortgage. Maybe FHA "Back to Work" program might work for them. Have them call me.

Words to live by.

Why prolong the hurt by carrying it with us?... It no longer exists. It no longer exists!

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=5&id=296119

Fla.: Temporary injunction in mortgage relief scam News Article

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=293683

Experts: Say so long to mortgage rates in the 3’s for now News Article

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=293437

New law allows longer homestead rentals in Fla. News Article

What happens when a house you want to buy has a roof leak and the seller won't pay to get it fixed? Usually the buyer has to take the chance that it will close and fix it before closing. Now we have a program for conventional, FHA and Va that holds back up to $5000 for repairs after closing. Let me save your deal with an escrow hold back.