Low Down Payment Options for Jumbo Loan Amounts

With the soaring home values, your buyer has trouble coming up with a 20% down payment for a Jumbo loan. What are the current low-down payment options? 0% down – VA loan up to $2.0 million Borrowers who meet eligibility requirements can access loan terms better than what is available with conventional loans. For most, a funding […]

Why would a mortgage application get denied?

After you get into contract for a home you intend to buy, your loan application will then be submitted to the lender for an underwritten approval. Underwriting is the process of verifying and analyzing the financial information the borrower has provided. The underwriter will also verify your income, assets, debt, credit, and the property. Even […]

Mortgage Process with Veridian Mortgage

Our goal at Veridian Mortgage is to represent you, the consumer, and to provide a transparent process. We hope that working with us, you can make confident decisions when reaching your financial and homeownership goals. Pre-Approval Whether you are applying for a purchase or refinance, we always go through a pre-approval process. In the pre-approval […]

Bank Statement Loans for Self-Employed Borrowers

For self-employed borrowers it can sometimes be difficult to qualify for a mortgage. They typically don’t have the traditional income documents like pay stubs and W2s. Self-employed wage earners can write off business expenses from their gross income, which allows them to pay less in income taxes, but they have the means to buy a […]

When Will Be a Good Time to Buy a House?

If you’ve been following the housing market for the last couple of years, you have probably thought about buying a home. The question you probably have is, when will be a good time to buy a house? You should probably ask yourself instead, is it a good time in my life to buy a house? […]