New Freddie Mac Underwriting Guidelines

By
Real Estate Broker/Owner 01293735 CA

Freddie Mac just announced seom new underwriting guidelines to make loans alittle easier.

1. Electronic signatures will now be allowed for certain loan application documents.

2. Certain social security number validation requirements have been eliminated. If a social security number has been validated during loan, prequalifacation, it will not be revalidated.

3. The list of 3rd party employment/income verification service providers has been broadened. Any provider may be used as long as they meet the Guide's requirements.

 

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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