Is it hard to get a bank statement loan as a first-time home buyer? How do bank statement loans compare to traditional mortgages? Bill Lyons Bill Lyons is the Founder, CEO & President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on...
For conventional home loans, PITI expense cannot usually exceed 26-28% of your gross monthly income, and total expense should be no more than 33-36%. The new 2025 FHA national low-cost area loan limit for one-unit properties is $524,225. You can check additional FHA mortgage limits here...
Responsibilities of a mortgage lender to a homebuyer When buying a home, many people choose to borrow a majority of the funds from a lending institution, such as a bank or credit union and make an initial down payment for a percentage of the purchase price with money they have saved on t...
US FinCEN says the operator of cryptocurrency mixers Helix and Coin Ninja must pay $60M in fines, after his arrest in Feb., notes this is its first “mixer” fine — FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations. — 1961 Total...
which manages more than $30 billion. Griffin got his start making trades from his Harvard dormitory, where he even reportedly put a satellite dish on the roof to get real-time quotes. Today, Griffin is considered an active philanthropist, and gives to a range of causes in his native Illinoi...
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