freddiemac: Breaking News for Self Employed Borrowers due to Covid-19 Pandemic - 05/31/20 09:58 AM
There was some breaking news this week from Freddie Mac ( the Government-owned backer of many conventional mortgages ) in regards to what documentation Self Employed Borrowers will now need to provide to a mortgage lender to prove their income is still sufficient to qualify for a mortgage. 
 
As most everyone knows, almost all mortgages that are still available in the US post-COVID shutdown are now backed by one of the biggest agencies of the Federal Government, Freddie Mac.  Other agencies including Fannie Mae, FHA, VA, and the USDA will most likely follow suit if they haven't already updated their guidelines.  … (3 comments)

 
Michael  Cantwell, Helping you manage your largest asset. (Highlands Residential Mortgage Ltd.,  - NMLS ID #134871) Rainmaker large

Michael Cantwell

Helping you manage your largest asset.

Palm Beach Gardens, FL

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Highlands Residential Mortgage Ltd., - NMLS ID #134871

Address: 3450 Northlake Blvd., Suite # 102, Palm Beach Gardens, FL, 33403

Mobile: 561-262-5366

Fax: 561-453-3999

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