Land equity comes in three forms; *First, gifted land- A family member has offed to gift you land, or they sold it to you at a greatly reduced price, and you have accepted their generous offer. Congratulations, you now have equity in your project! How much equity will depend on the appraised value of your...Read More

What does the Underwriter do? First understand that there are two underwriters, the automated one and the human one. All conventional and government loan files are first submitted through a software package that we generically refer to as an Automated Underwriting System or AUS for short. The two most common systems are Fannie Mae’s Loan...Read More