First Guaranty Mortgage Corporation (FGMC)Just 37.6% of nonhomeowner households can afford a typical starter home, according to a recent study by LendingTree
A new analysis from LendingTree found that just 37.6% of nonhomeowner households nationwide can afford a typical starter home, meaning nearly two-thirds are effectively priced out of the entry-level housing market. The median nonhomeowner household earns $55,000 annually, ro...
A practical guide to using bank statement loans for borrowers whose cash flow isn't reflected on their tax returns
Every year, millions of self-employed borrowers walk into a mortgage conversation holding a tax return that tells the wrong story about their finances. They're not struggling financially, and they're not hiding anything. They've done exactly what a good accountant would tell...
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