When a client starts a new job prior to closing, Fannie Mae may or may not require a paystub from the client’s new job. Generally, the guideline allows more latitude if the property is an owner-occupied purchase, versus a second home or investment property. Call me first and I can help you sort it out!
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Rule Synopsis: [tweet-start]Fannie is addressing borrowers freezing their credit in their latest update to DU. Call for details![tweet-end] This article outlines the changes we can expect to see when DU 10.0 and 10.1 is released over these two weekends: November 18, 2017 weekend for both DU Version 10.0 and 10.1 Frozen Credit Report Update December […]