We now offer a program for self-employed borrowers where you can use bank statements in lieu of tax returns. Here are some of the guidelines:
We are thrilled to announce our Home Possible Equity Advantage Program. This program allows borrowers to purchase a home with as little as 1% down.
Over the weekend of July 29, 2017, Fannie Mae will implement an update to their automated underwriting system Desktop Underwriter (DU) that will help more borrowers qualify.
We are now offering Home Equity Lines of Credit (HELOC) that can be taken out after the closing where you plan to close with 20% down and wan to recoup that 10% back.
Many think that because the Federal Reserve raised the Federal Funds rate by .25% yesterday that it means interest rates went up by .25%. That is not the case! Mortgage rates actually went down almost .25%.