Mortgage Underwriting Process Archives

Recast Mortgage – Recasting a Mortgage Beginner’s Guide

By Sonja Gosine, Spokesperson at Hauseit® / August 9, 2019

Recasting a mortgage simply means calling up your bank and asking them to re-calculate your mortgage payments after you've significantly pre-paid your loan balance more than required. It doesn't cost anything to recast a mortgage, but you do need to [...]

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Getting a Reverse Mortgage in New York

By Sonja Gosine, Spokesperson at Hauseit® / October 16, 2018

There are many different reasons to get a reverse mortgage in New York. You may want a more comfortable retirement, the money to buy a second home, or to make home improvements. New York is an expensive place to live,

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How Much Mortgage Can I Qualify for in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 6, 2018

The answer to how much mortgage can I qualify for in NYC depends on the amount of gross income you make, your anticipated housing expenses, your other credit payments, prevailing mortgage interest rates and the maximum Debt-to-Income ratio allowed. We’ll

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The NYC real estate market is complex. There are condos, coops and even condops vs the single family homes you’ll find in suburbia. How will banks treat self employment income? Do they offer any relationship pricing? We’ll go over the most locally relevant questions to ask mortgage lender in NYC in this article.

Questions to Ask Mortgage Lender in NYC

By Sonja Gosine, Spokesperson at Hauseit® / June 5, 2018

The NYC real estate market is complex. There are condos, coops and even condops vs the single family homes you’ll find in suburbia. We’ll go over the most locally relevant questions to ask mortgage lender in the following article. Table

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From what credit scores will get you the best rates to how to appeal an appraisal, we'll teach you industry secrets and tips on how to manage the mortgage loan process in NYC and nationwide. We answer tough questions from how does getting your credit pulled affect your credit score to qualifying for an IO mortgage.

Tips for the Mortgage Loan Process in NYC

By Sonja Gosine, Spokesperson at Hauseit® / April 30, 2018

What are some tips for the mortgage loan process you can utilize to ensure a successful close? We'll let you in on some industry trade secrets about how the mortgage loan process really works in NYC and across the country,

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Who is the mortgage underwriter? What's the mortgage underwriting process like for NYC? What do banks include in the Debt to Income ratio? What's the step by step home loan process? We'll explain the mysterious mortgage process in NYC and what buyers should do from initially getting pre-qualified to closing day.

The NYC Mortgage Process Explained

By Sonja Gosine, Spokesperson at Hauseit® / April 16, 2018

The NYC mortgage process can by mysterious even for the most seasoned real estate brokers and attorneys. We’ll explain how the mortgage process in New York City truly works and debunk some common myths around the mortgage underwriting process. Table

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