Important Alert! Freddie Mac is dropping their income threshold to 80% of AMI effective July 28, 2019. This will greatly affect those who qualify for their HomePossible Program, so contact me immediately so that you do not miss this window before it is too late!
Related Article Title: Freddie Mac Selling Guide Updates – Bulletin 2019-15 – Dated June 20, 2019 – Effective July 28, 2019 Written By: Lloyd Rutherford, Staff Writer Heads up if you work with the HomePossible® Program. This update will dramatically affect loans in your pipeline or some of your buyers who may be currently shopping […]