Tag Archives: eligibility

Hodge extends professional mortgage range eligibility – Mortgage Finance Gazette

Hodge says it has loosened the criteria of its interest-only professional mortgage range, which it offers to those with complex incomes, professional traineeships — or are in self-employment, such as barristers, dentists and doctors.   The lender says it will consider up to six times loan-to-income deals and up to 75% loan-to-value on interest-only products, […]

FHA expands eligibility for those with pandemic income gaps

The Federal Housing Administration on Thursday opened up underwriting guidelines for loans it insures in order to make it easier for people who have recovered from income lapses to qualify. Those who have had temporary employment losses, or reductions in income or hours during the presidentially declared COVID-19 National Emergency are targeted by the new […]