Fannie Mae

Fannie Mae Appraiser Newsletter Update

Written by: Lloyd Rutherford, Staff Writer Collateral is where a lot of loans blow up at the last minute, leaving the lender in the awkward position of having charged a borrower for an appraisal and not being able to do the loan. This is why loan originators must stay up to date on appraisal issues [...]

2019-08-09T13:30:39-05:00August 12th, 2019|

Did you know that Fannie Mae will allow a self-employed borrower to use business assets for down payment and closing costs? Curious as to how that works? Contact or PM me to discuss your situation.

Related Article Title: Fannie Mae’s Top Trending Questions – Dated May 2019 Written by: Lloyd Rutherford, Staff Writer Keeping up with rule changes is a challenge for even the most experienced underwriter or originator. That is part of the value of Mortgage Currentcy! In this article, Fannie Mae has updated their “trending questions” to keep [...]

2019-08-09T13:08:19-05:00August 12th, 2019|Fannie Mae, Social Media Posts|

Collection accounts can affect your credit score, but they do not always need to be paid off in order to get a mortgage. Get the clear facts by contacting or sending me a PM and let’s discuss your situation!

Related Article Title: Fannie Mae’s Top Trending Questions – Dated May 2019 Written by: Lloyd Rutherford, Staff Writer Keeping up with rule changes is a challenge for even the most experienced underwriter or originator. That is part of the value of Mortgage Currentcy! In this article, Fannie Mae has updated their “trending questions” to keep [...]

2019-08-09T13:11:00-05:00August 12th, 2019|Fannie Mae, Social Media Posts|

Fannie Mae – Multiple FAQs – High LTV & HomeReady®

Written by: Lloyd Rutherford, Staff Writer HomeReady may have changed their AMI requirements, but did you know that there are other ways to structure the loan to assist your clients? Learn the secrets from our expert in this article. Rule Synopsis: Fannie Mae issued multiple FAQs and other supporting documentation for their High LTV lending [...]

2019-08-09T13:30:06-05:00August 12th, 2019|

Fannie Mae will allow Accessory Unit or Boarder income on their HomeReady program. For some clients, this extra income makes a big difference. Comment below, and I’ll send you a fact sheet.

Related Article Title: Fannie Mae – Multiple FAQs – High LTV & HomeReady® Written by: Lloyd Rutherford, Staff Writer HomeReady may have changed their AMI requirements, but did you know that there are other ways to structure the loan to assist your clients? Learn the secrets from our expert in this article. Rule Synopsis: Fannie [...]

2019-08-09T13:16:52-05:00August 12th, 2019|Fannie Mae, Social Media Posts|