Home Buyer Radio

HBR 178 - Self-Employed & Appraisal Updates


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Finally some good news for self-employed clients and an important update on the appraisal process for conventional mortgages.  Most self-employed borrowers will find the documentation requirements for a mortgage just got easier as Fannie Mae and Freddie Mac have eliminated the need for an interim P&L statement for most clients. In addition, they will also start to allow desktop appraisals for eligible transaction.  It remains to be seen if that is a good thing or not.  I talk about that in more detail in this weeks episode.  In the market for a home loan?  Trust my team and I to deliver expert guidance and direction.  You can find us online at https://www.danmoralez.com or at 616-931-4629. Daniel J. Moralez NMLS #709729 Equal Housing Lender All loans subject to credit approval

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Home Buyer RadioBy Daniel J Moralez

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