There are two main steps in submitting an exception. This video will review the process to submit the request to an investor.
In light of continued market fluctuation due to the COVID-19 pandemic and the impact it has had on the global economy, effective immediately VMC is suspending all lock and funding activity until further notice. In addition, please note the following: the purchase of any mortgage loan and the final pricing for any mortgage loan offeredRead More
Recent figures reveal that an estimated 16 million Americans are self-employed, many of whom are hopeful homebuyers but may find it difficult to qualify for a mortgage without a more traditional W-2 income. What can you do to help them? Fortunately, combining bank statements with an additional source of information (or two), can be anRead More