FNMA large deposit rule on refinancing
A few days ago I received a question about how to handle large deposits when the transaction is a refinance on a FNMA conventional loan.
August 24, 2016
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Four options for determining student loan payments
As a parent with two kids attending college the discussion of getting through college with minimal student debt (or none at all) has been a
August 8, 2016
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Reuse existing appraisal to save money
Sometimes when competing for a new loan, your running “neck and neck” on the offered interest rate and need to find little edge to win
May 9, 2016
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FNMA Rule – Less can be more
During 2015 FNMA had notified users in a few of the SEL’s about guideline clarifications on self employed borrowers that felt a bit like a seesaw.
January 19, 2016
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SEL 2015-10 Eases Restrictions on Non-Occupant Co-Borrowers
Both of the GSE’s continue to review and revamp their guidelines on a number of topics, today’s blog we will go over the changes that
October 13, 2015
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Freddie opens up more room for investment properties
Over the last few weeks we have been talking about some big changes in the guidelines over at Fannie Mae, but Freddie Mac is also
October 5, 2015
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Time to re-read that FNMA student loan payment section
A few weeks back I was working on a purchase loan that was submitted to underwriting for review, nothing out of the ordinary at first,
August 24, 2015
4 Comments
Multiple Financed Properties – what does and does not count?
Video Overview – Multiple Financed Properties The FNMA Multi Property Loan can be intimidating if you have not yet had to originate or underwrite a
March 28, 2015
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Part 4: Where is that box on the tax return
For the last installment we are going to look at the 1120S and 1120 corporation returns inside the lens of the cash flow analysis form.
September 21, 2014
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Where is that box on the tax return? – Part 1 of 4
Self employed income analysis… probably one of the harder things to get your mind around if you work on the mortgage industry. However once you
September 1, 2014
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Warning: Borrowers Unemployed Long Term | Blueprint
It seems over the last few years FNMA and FHLMC are moving just a little further apart in how they look at lending. In my
August 24, 2014
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Fannie Mae 1088: Two Decades of Misunderstanding | Blueprint
Updated 07/15/2018 to correct All Regs References For Freddie Mac One thing about the mortgage business you can count on is change, but not everything
June 30, 2014
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Self Employed Borrowers and Allowable Income
Regulation Change Update: The following blog was posted in January of 2013 and the regulations have changed since we posted. Question: When reviewing business tax
December 22, 2013
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