Qualified Mortgage Rule-Affordable Payments
At a high level home buyers and real estate agents may notice more paperwork this year in your loan packages and possibly some longer close times. QM ( Qualified Mortgage ) took effect on...
Category: Mortgage & Finance
3 Things NOT To Do While Your Mortgage Loan Is Being Processed
The toughest part of getting a mortgage today is documenting funds in checking/savings/retirement accounts. New Fannie and Freddie Mac guidelines REQUIRE we verify ALL NON PAYROLL DEPOSITS. What does this mean to you? DO...
What Is Proof Of Funds When Talking Real Estate Around Atlanta?
Real Estate is part of the Atlanta Landscape and here is a bit of information on the topic “Proof Of Funds, when buying Real Estate around town. One of the toughest elements of underwriting...
