Lending Forward

Freddie Mac Deep Dive Series Pt. 2


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I’m so happy to welcome back Mia Jones, Affordable Lending Manager at Freddie Mac.  As Mia tells it, she is the “number one cheerleader for Freddie Mac” because she herself was able to become a homeowner using Freddie Mac. Mia is going to talk to our listeners about some of the digital tools that Freddie Mac is using to make processes really easy for everyone involved in the home buying process through their programs. We’ll talk about tools including the Loan Product Advisor (LPA), the AIM tool (Asset and Income Modeler) and the ACE (Automated Collateral Evaluation).

As a real estate professional, are you doing all you can to help potential homeowners from underserved communities get into their dream homes?  Freddie Mac’s educational and affordable loan programs may be the answer.

Freddie Mac was chartered in 1970 to help keep the economy stable and expand access to housing. They have created accessible education that helps potential homeowners understand credit and how to manage their money in order to buy a home. Over five decades, Freddie Mac has provided more than $11.6 trillion to make homeownership possible for more than 80 million owners and renters.

Lending Forward is a weekly podcast hosted by Taylor Ellard and powered by Atlantic Bay Mortgage Group.  We bring you raw stories from real people in the mortgage industry. We're covering what's next in lending, forward-thinking, and reflecting on lessons learned from Mortgage Bankers, Realtors, Financial Advisors, Coaches, and more! How are you lending it forward?

Founded in 1996, Atlantic Bay Mortgage Group® is a privately owned mortgage lender headquartered in Virginia Beach, Va. Atlantic Bay has been recognized as a Top 100 Mortgage Company in America, Best Mortgage Company, Most Enjoyable Place to Work, and an Inc. 500 Fastest Growing Company.

Discussion Points:
  • What is the Loan Product Advisor?
  • How the LPA can help loan officers with the process
  • Using the Automated Collateral Evaluation (ACE) and appraisal waivers
  • Saving the cost of appraisals is huge these days
  • The LPA is free to the borrower
  • Why Mia is so passionate about Freddie Mac and it’s programs
  • Reach out to Mia through LinkedIn, and check out Freddie Mac for yourself
  • Resources/Links:

    Mia Jones LinkedIn

    Taylor Ellard LinkedIn

    Atlantic Bay Mortgage Group

    ...more
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