With the pause on federal student loan payments expiring, the topic of student loans is on many lenders’ minds. Aspiring homeowners may be also curious about how their student loan debt may affect their mortgage eligibility. Contrary to some borrowers’ assumptions, it’s possible to qualify for a mortgage while carrying student loan debt. Applicants’ eligibility ultimately depends on their chosen … Read More
Leading mortgage solutions provider, Certified Credit, releases their latest product, Automated Supplements, which facilitates hassle-free credit supplements and speeds up turnaround times by more than 50% over traditional methods.* Founded in 1985, Certified Credit has created innovative solutions for mortgage lenders for nearly 40 years. Its solutions solve common workflow challenges, ranging from time-consuming verifications of income and employment (VOE) … Read More
Certified Credit announces attendance at The Mortgage Collaborative’s “Music to My Ears” Conference in Nashville, Tennessee, along with a live demo presentation of their new Automated Supplement solution. The Mortgage Collaborative’s (TMC) highly-anticipated “Music to My Ears” conference is taking place in Nashville, Tennessee from Sunday, September 10th, to Tuesday, September 12th. Two members of the Certified Credit team will … Read More
This year, 9.59 million Americans are self-employed.[i] These entrepreneurial types are known for their ambition, creativity, and financial acumen. For successful self-employed business owners, making money may not be a challenge. However, qualifying for a mortgage can be. In this article, we’ll discuss the mortgage eligibility rules regarding self-employed income and employment. We’ll also provide six tips mortgage lenders can … Read More
This year has been a volatile one for the mortgage industry. Now that we’re entering the second half of 2023, many mortgage lenders and aspiring borrowers may be wondering what the rest of the year has in store. In this mortgage half-time report, we’ll summarize this year’s most noteworthy market conditions. We’ll also provide some predictions for the next six … Read More
Historically, verification of income and employment (VOE) was an inefficient process. Lenders had to track down employers’ contact information and reach out several times, often to the detriment of their other workflows. Thanks to the development of instant hit VOE technology, this is no longer the case. While instant VOE was a game-changer upon its launch, the innovation hasn’t stopped … Read More
