Freddie Mac

Did You Know … if a comparable sale with an accessory unit is not available, the appraiser can use a comparable sale in the subject neighborhood without an accessory unit as long as the appraiser can justify and support such use in the appraisal report.

Related Article Title:  Freddie Mac – Multiple Selling Guide Updates – Bulletin 2019-9 – Dated May 1, 2019 [NEW Worksheet – Freddie Mac Verification of Funds for Income After Note Date] Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so [...]

2019-05-08T18:05:09-05:00May 10th, 2019|Freddie Mac, Social Media Posts|

Did You Know … the primary factor that differentiates a 2-unit property from a 1-unit property with an accessory unit is the zoning and land use requirements?

Related Article Title:  Freddie Mac – Multiple Selling Guide Updates – Bulletin 2019-9 – Dated May 1, 2019 [NEW Worksheet – Freddie Mac Verification of Funds for Income After Note Date] Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so [...]

2019-05-08T18:03:40-05:00May 10th, 2019|Freddie Mac, Social Media Posts|

Effective August 1, 2019 Freddie Mac will require lenders to disclose any information that they are aware of that may adversely affect the market value, condition or the marketability of the subject property. This would include known information on contaminated sites, hazardous substances or other adverse conditions.

Related Article Title:  Freddie Mac – Multiple Selling Guide Updates – Bulletin 2019-9 – Dated May 1, 2019 [NEW Worksheet – Freddie Mac Verification of Funds for Income After Note Date] Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so [...]

2019-05-08T18:06:45-05:00May 10th, 2019|Freddie Mac, Social Media Posts|

Freddie Mac- Multiple Selling Guide Updates – Bulletin 2019-9 – Dated May 1, 2019 [NEW Worksheet – Freddie Mac Verification of Funds for Income After Note Date]

Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so read through this article to stay up to date. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on the topics [...]

2019-05-10T07:08:15-05:00May 10th, 2019|

Second Home Update Alert!! Freddie Mac has changed their guidelines on second homes. They will now allow financing on homes without year-round access. Need more info? Comment below or PM me.

RELATED ARTICLE TITLE:  Freddie Mac Bulletin – 2019-7 – Multiple Selling Guide Updates – Dated April 3, 2019 – Effective July 3, 2019 and February 1, 2020. [NEW Chart – Fannie Mae vs. Freddie Mac Underwriting Differences] Written By: Lloyd Rutherford, Staff Writer This update contains a lot of exciting news that is sure to [...]

2019-04-09T13:16:58-05:00April 10th, 2019|Freddie Mac, Social Media Posts|