Mortgage and Portfolio Loan Guide

E018: How to Buy a House on Land Contract

E018: How to Buy a House on Land Contract

 
 
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When you decide buying a house on land contract is the route you want to take, here is a video on how to find homes for sale on land contract, and how to prepare to buy.

Other videos and helpful links… Everything you need to know about buying on land contract
Video – https://youtu.be/Wx4HWqndK7w
Blog – https://www.balanceprocess.com/buying-a-home-on-land-contra…/

Alternative to land contract – Portfolio Loan
https://www.balanceprocess.com/what-is-a-portfolio-loan/

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E017: Veteran Real Estate Tax Exemption

E017: Veteran Real Estate Tax Exemption

 
 
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Today I cover the real estate tax exemption for 100% disabled veterans in the state of Michigan. If you are a veteran of the armed forces, I appreciate your service to our country. Semper Fidelis. Helpful link https://www.balanceprocess.com/all-american-exempt

E016: Incredible Solution – Manual Underwriting Mortgage

E016: Incredible Solution – Manual Underwriting Mortgage

 
 
00:00 / 9:35
 
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Getting approved with a manual underwrite is often the most logical solution for a challenge on an FHA or VA loan. In today’s episode of the mortgage guide podcast I cover what manual underwriting mortgage means, and how it can be the glue that holds it all together.

E015: Bank Statement Loan for Self-Employed Borrowers

E015: Bank Statement Loan for Self-Employed Borrowers

 
 
00:00 / 9:08
 
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If you are self-employed or a private contractor, this is the episode you need to hear. I dive into exactly how to get approved for a mortgage with a bank statement loan, and no tax returns are required. Unfortunately, so many times business owners are told they do not qualify for a mortgage because of the way they show their income on their tax returns. With a bank statement loan your income is calculated by averaging your deposits over a 12 or 24 month period. You can use personal bank statements or business bank statements. Everything you need to know about getting a bank statement loan in today’s Mortgage Guide Podcast. Learn more at BalanceProcess.com/bank-statement-loan

E014: How to Think Like an Underwriter | Q and A

E014: How to Think Like an Underwriter | Q and A

 
 
00:00 / 14:20
 
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Do I qualify for a home loan? To answer that question you need to understand how lenders look at your income, your credit, your assets, and the property you’re looking to finance. Today I dive into each component in depth in order to answer all of the qualifying questions you may have. More at BalanceProcess.com

E013: How Your Tax Returns Are Crucial On Your Mortgage

E013: How Your Tax Returns Are Crucial On Your Mortgage

 
 
00:00 / 9:48
 
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Everything you need to know about how an underwriter looks at your income and tax returns when considering you for approval or denial. More at BalanceProcess.com

E012: How to Get a Jumbo Loan After Recent Foreclosure

E012: How to Get a Jumbo Loan After Recent Foreclosure

 
 
00:00 / 8:21
 
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Recent foreclosure or short sale? Not the end of the world. With a portfolio loan there are options for home financing EVEN if you you’re seeking a jumbo loan. I go into detail in today’s podcast.

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