Tag: Social Media Posts

Reverse Mortgage Fraud unfortunately happens every day! We have access to a bulletin that highlights the types of fraud happening during the pandemic.  Comment below and I will send you a copy of this bulleti

Reverse Mortgage Fraud unfortunately happens every day! We have access to a bulletin that highlights the types of fraud happening during the pandemic.  Comment below and I will send you a copy of this bulleti

Related Article Title: FHA HECM-Reverse Mortgage Updates – Moratorium Extension – HECM Fraud Written by: Melinda Hipp, Staff Writer HECM Updates & Interpretation:FHA Extends Exterior Appraisals to October 31 – Extends Foreclosure Moratorium Until Year End The Department of Housing and Urban Development announced the re-extension of exterior-only appraisals for case numbers on HECM’s (Reverse […]

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You Can’t Believe Everything You Read on the Internet! Most of us know this to be true, yet recently, a lot of lenders got into trouble with Federal Regulators over false advertising practices.  Comment below and I’ll send you a quick fact sheet about what to watch out for when shopping for a home loan. 

Related Article Title: CFPB – 7 Administrative Proceedings and Consent Orders for Deceptive Loan Advertisements – NEW MTP™- Deceptive Advertising – Is It Too Good to Be True? Written by: Lloyd Rutherford, Staff Writer In today’s world, every bit of advertising that you do is documented and retrievable.  Recently there has been a rash of […]

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A Popular Trend in Living Space – Young adults living at home to save money or aging relatives that need a little extra support are causing a boom in living units that are part of a primary residence but separate enough for privacy. Comment below, and I’ll send you a fact sheet about how home lenders view these extra spaces.

A Popular Trend in Living Space – Young adults living at home to save money or aging relatives that need a little extra support are causing a boom in living units that are part of a primary residence but separate enough for privacy. Comment below, and I’ll send you a fact sheet about how home lenders view these extra spaces.

Related Article Title: Fannie Mae Selling Guide Announcement SEL–2020-05 – Dated September 2, 2020 – NEW MTP™ Accessory Unit Standards – What You Need to Know! Written by: Lloyd Rutherford, Staff Writer Trends in living spaces are changing.  Whether it is a young adult living at home or an aging relative, accessory dwelling units are […]

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Wedding Gifts & Buying a Home! Did you know that wedding gifts deposited into your bank account 90 days or less from the date of your marriage license can be used to purchase a home?  For many of my clients these gifts have been the boost that they needed to buy a home.  Getting married?  Let’s chat!

Wedding Gifts & Buying a Home! Did you know that wedding gifts deposited into your bank account 90 days or less from the date of your marriage license can be used to purchase a home?  For many of my clients these gifts have been the boost that they needed to buy a home.  Getting married?  Let’s chat!

Related Article Title: Freddie Mac Selling Guide Updates – Bulletin 2020-36 – Dated September 2, 2020 – Updated “Grossing Up Income Chart” Written by: Lloyd Rutherford, Staff Writer Freddie Mac is getting back into the rhythm of guideline changes and clarifications.  This update includes some important changes that may have you considering using Fannie Mae […]

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Under the USDA-RD Program, a manufactured home can be financed as long as it was built in 2006 or after. This is a great program offered to clients who qualify, as it does not require the down payment restrictions of other programs.  Sound interesting?  PM me and let’s talk.

Under the USDA-RD Program, a manufactured home can be financed as long as it was built in 2006 or after. This is a great program offered to clients who qualify, as it does not require the down payment restrictions of other programs.  Sound interesting?  PM me and let’s talk.

Related Article Title: Age of Property Eligible for USDA Manufactured Financing Question: My client is interested in purchasing a manufactured home with USDA-RD financing.  It was built in 2012 and the guidelines state that anything newer than 2006 is acceptable.  Another lender is telling the listing agent that USDA only accepts new construction.  Who is […]

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