Divorce or separation, and you may a property no Collateral (otherwise Bad Equity) Half a dozen so you’re able to ten years ago, just about any divorce proceedings where in fact the couples owned a house considering the couple particular collateral value to help you separate. The house is a secured asset, while the partners …
What all the mortgage brokers and you may officials need to know in the Low-QM mortgage underwriting Underwriting, while the a broad behavior, is the testing regarding exposure. According to Wikipedia, home loan underwriting are the method a lender spends to determine should your chance of offering an interest rate so you can a specific …
