800-844-1620
Mortgage Market News
Stay updated on the latest trends and insights in the mortgage market with our comprehensive Mortgage Market News page.
Non-QM Solutions for LLC Borrowers in Georgia
Are you a seasoned investor in Georgia looking to expand your real estate portfolio? At MortgageDepot, we understand the unique needs of LLC borrowers like you. A recent scenario where our borrower, a seasoned investor with five financed properties, recently formed an...
Did You Know that Conventional and FHA Differ in Reserve Requirements?
When it comes to mortgage loans, understanding the differences between conventional and FHA (Federal Housing Administration) loans is crucial. One key area where these two loan types differ is in their reserve requirements FHA Reserve Requirements Under FHA...
Did You know that FHA has several restrictions on Accessory Dwelling Units?
Did you know that FHA has several restrictions on Accessory Dwelling Units (ADU)? If you're considering adding an ADU to your property in Georgia, it's important to understand these guidelines. When a property includes an ADU and the use of rental income is...
Understanding One-Year Tax Returns for Self-Employed Borrowers In Georgia
Self-employed borrowers in Georgia often face unique challenges when it comes to obtaining a mortgage. One of these challenges is providing the necessary documentation to prove their income stability. The Requirement for Each Business Entity When it comes to...
Rental Income and Self-Employment Requirements for Mortgages In Georgia
When it comes to securing a mortgage in the state of Georgia, it's essential to stay updated on the latest guidelines and requirements. Fannie Mae, a leading mortgage investor, has recently announced some changes regarding rental income and self-employment. Rental...
Self-Employed Borrower Who Files a Schedule C
Are you a self-employed borrower in Georgia looking to secure a mortgage? We have some great news for you! FHA (Federal Housing Administration) allows more line items to be added back when filing a Schedule C, giving you the opportunity to maximize your income. One of...
Non-QM Second Mortgage
We're introducing our Stand Alone 2nd Lien Program (second mortgage), designed specifically for homeowners in Georgia. This program allows homeowners to tap into their property's equity while keeping their existing low-interest rate on their first mortgage. Program...