United Lending

FHA Mortgage Insurance Premiums Going DOWN!

After several years of watching FHA increase their mortgage insurance premiums (MIP) over and over again, they are finally giving home buyers some good news!  Beginning next Monday, January 26th, buyers using FHA financing for their new home purchase will get a significant break on the mortgage ins ...
Read More...

Lending Updates You'll Want to Know About

Conventional 3% Down Loans are Back! Earlier this week Fannie Mae announced the resurrection of the Conventional 97% down program! This program is a great option for first time home buyers who otherwise qualify for a mortgage but don’t have the resources to come up with a larger down payment (p ...
Read More...


United Lending now offers FHA financing for buyers with FICO scores down to 585!

You read that right! We’re excited to announce that we have options for your lower credit score borrowers. We now offer FHA financing for credit scores down to 585. On occasion, a potential buyer’s credit score may not be the best indicati ...
Read More...

Ability-to-Repay (ATR) and Qualified Mortgages (QM)

Last year the Consumer Financial Protection Bureau drew up regulations that went into effect on January 10th, 2014. The regulations known as Qualified Mortgage (QM) and Ability-to-Repay (ATR) require lenders to make sure that borrowers can reasonably afford to repay their mortgages. While a majori ...
Read More...


Mortgages are changing AGAIN...are you going to be effected?

New federal regulations, rising government fees and an improving economy: These developments are about to have a big effect on the cost and availability of home loans. Change #1) Rising interest rates: The Federal Reserve has been buying bonds, supporting low interest rates, in an effort to bolste ...
Read More...

Will Cosigning hurt my credit?

If you've ever been asked by a friend or family member to cosign on a loan, you might have wondered whether it could hurt your credit. A cosigned account will affect your credit report and scores no matter what because ultimately you are just as responsible for the debt as your friend or family member. Even if the cosigned account is paid on tim ...
Read More...