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	<title>CallRuss.com &#187; Underwriting Guidelines</title>
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	<description>Mortgages, Real Estate, and Musings from around Chicago</description>
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		<title>Documentation Needed for a Mortgage</title>
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		<pubDate>Fri, 23 Oct 2009 16:56:12 +0000</pubDate>
		<dc:creator>Russ</dc:creator>
				<category><![CDATA[Underwriting Guidelines]]></category>

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		<description><![CDATA[If you talk to enough people, one of the things you will find out about getting a mortgage is that it involves a ton of paperwork.  You can literally just hear the trees crying out in pain from all the printing and copying that is done.   If you are serious about buying a home [...]]]></description>
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		<title>Gifts As Down Payments</title>
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		<pubDate>Wed, 21 Oct 2009 18:46:00 +0000</pubDate>
		<dc:creator>Russ</dc:creator>
				<category><![CDATA[Underwriting Guidelines]]></category>

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		<description><![CDATA[One of the biggest challenges home buyers face is saving up enough money for a down payment, especially in today&#8217;s market when low down payment options are no longer as plentiful.  It is not uncommon for buyers to get gifts for use as a down payment.  However, it is important to know that there are [...]]]></description>
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		<title>Understanding Debt Ratios</title>
		<link>http://www.callruss.com/understanding-debt-ratios/</link>
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		<pubDate>Mon, 19 Oct 2009 16:17:58 +0000</pubDate>
		<dc:creator>Russ</dc:creator>
				<category><![CDATA[Underwriting Guidelines]]></category>

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		<description><![CDATA[The question that I am asked most by potential homebuyers is “How much can we afford?”   This is a loaded question.  The first thing I tell my clients is I cannot tell you how much you can “afford”, but I can tell you how much you will qualify to borrow.  There is a distinct difference [...]]]></description>
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