Tag: Freddie Mac

Will Government Agencies Allow Marijuana Income?

Question: Do any of the Government loans (FHA, USDA and VA) allow the use of W-2 income from a Borrower who works at a Marijuana company? This person is not a grower or distributor and all of their income is derived from W-2 income. Answer: As government entities, FHA, VA and USDA currently will not […]

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Freddie Mac just announced that credit scores will not be required to purchase a manufactured home. Instead a lender can establish a borrower’s credit using non-reported credit such as rent, utilities and other reoccurring monthly obligations. This is effective for closings April 1, 2020 or after.

Freddie Mac just announced that credit scores will not be required to purchase a manufactured home. Instead a lender can establish a borrower’s credit using non-reported credit such as rent, utilities and other reoccurring monthly obligations. This is effective for closings April 1, 2020 or after.

Related Article Title: Freddie Mac Selling Guide Update – Bulletin 2019-25 – Dated December 4, 2019 – Updated MTP™ – GreenChoice® Home Loans – Energy Efficient & Earth Friendly Written by: Lloyd Rutherford, Staff Writer There are some game-changer updates in this article that will give you the edge over your competition if you read […]

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Freddie Mac will be LOWERING their minimum credit score requirements for purchasers of manufactured homes! Effective for closings April 1, 2020 or after. Not sure if you qualify for a home?  I’m just a quick phone call away!

Freddie Mac will be LOWERING their minimum credit score requirements for purchasers of manufactured homes! Effective for closings April 1, 2020 or after. Not sure if you qualify for a home?  I’m just a quick phone call away!

Related Article Title: Freddie Mac Selling Guide Update – Bulletin 2019-25 – Dated December 4, 2019 – Updated MTP™ – GreenChoice® Home Loans – Energy Efficient & Earth Friendly Written by: Lloyd Rutherford, Staff Writer There are some game-changer updates in this article that will give you the edge over your competition if you read […]

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Attention Flippers & Investors! Freddie Mac just changed their guidelines to allow for non-cash add backs to establish net rental income and added alternatives to document rental income. If this issued prevented financing in the past, contact me and let’s discuss your new options.

Attention Flippers & Investors! Freddie Mac just changed their guidelines to allow for non-cash add backs to establish net rental income and added alternatives to document rental income. If this issued prevented financing in the past, contact me and let’s discuss your new options.

Related Article Title: Freddie Mac Selling Guide Update – Bulletin 2019-25 – Dated December 4, 2019 – Updated MTP™ – GreenChoice® Home Loans – Energy Efficient & Earth Friendly Written by: Lloyd Rutherford, Staff Writer There are some game-changer updates in this article that will give you the edge over your competition if you read […]

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Myth Alert! Too many potential homeowners believe that they need a lot of money to purchase a home, so they end up renting far too long! The real truth is that there are a lot of programs that require a minimal investment or very little at all, so let’s talk about your situation!

Myth Alert! Too many potential homeowners believe that they need a lot of money to purchase a home, so they end up renting far too long! The real truth is that there are a lot of programs that require a minimal investment or very little at all, so let’s talk about your situation!

Related Article Title: Freddie Mac – LPA Feedback Message Updates – Effective December 3, 2019 and January 25, 2020 and February 4, 2020 – Dated November 21, 2019 Written by: Lloyd Rutherford, Staff Writer One of the best things you can do for your business is to understand how your AUS systems work. This update […]

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