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Desktop Appraisals Becoming Acceptable!

Great News! Fannie Mae announced this week that effective March 19th, 2022, they will allow desktop appraisals on certain transactions. The option will allow valuations based on tax records and property listing information.

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Rates on 2nd Homes Are Going Up!

As you're probably aware, rates in general have jumped significantly over the last 2 weeks.

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What's The Difference Between A Credit Freeze And A Fraud Alert?

As a follow up to last week's information on Credit Freezes, here's some information on Fraud Alerts from Origination Pro and how the two credit actions compare...
 
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How Do Credit Freezes Work?

Here is a great piece on Credit Freezes from Origination Pro (a periodical I receive weekly) that I thought was very helpful!

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Can all of the down payment come from a gift and who can be the donor?

Regarding WHO can gift funds to a buyer, both conventional and FHA allow different things. Come learn more!

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