Notes from Tony Fitzgerald's desk on how Florida mortgages actually work — the escrow resets, the homestead deadlines, and the details nobody mentions at the closing table. Written for Sarasota, Bradenton, and the Gulf Coast.
A parent who co-signs your mortgage usually becomes a full borrower, not a backup signature. Here is how FHA and conventional loans handle a non-occupant co-borrower, and what it does to the parent's own borrowing down the road.
Deferred loans and income-driven plans showing a zero payment still count in a mortgage approval. Fannie Mae, Freddie Mac, FHA and VA each use a different number, and it may not match your credit report. Here is how it works.
The income is not in question, the paperwork is a maze, and a student loan balance behaves nothing like a lender assumes. Here is what actually happens with resident and physician income, and whether a physician loan is worth it.
Low base, heavy pickup, per diem shifts, maybe two or three services. Your income is real and it looks like a mess on paper. Here is how lenders read EMS income, why multiple employers is not a red flag, and why nobody has a secret medic rate.
Tony Fitzgerald · NMLS #1284924 · 1st Response Mortgage · powered by Mpire Financial Group LLC · NMLS #2108504 · Florida License #MLD2467 · Mortgage Broker · Sarasota, FL · (941) 941-5150