The Herd Lending Blog: Your Guide to Mortgages & Home Financing

FHA manual underwriting
Mortgage Lending Education

FHA Manual Underwriting Guidelines

[At-a-Glance Summary: An FHA automated underwriting result is not always the final answer. A file that receives a Refer recommendation may still qualify for manual

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VA Loan Assumptions in Virginia
Mortgage Lending Education

VA Loan Assumptions in Virginia

[At-a-Glance Summary: A qualified buyer may be able to assume an existing VA-backed mortgage, including its remaining balance, interest rate, payment schedule, and loan term.

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