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HBR 178 - Self-Employed & Appraisal Updates

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Manage episode 319691628 series 1340462
Content provided by Dan Moralez and Daniel J Moralez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dan Moralez and Daniel J Moralez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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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188 episodes

Artwork
iconShare
 
Manage episode 319691628 series 1340462
Content provided by Dan Moralez and Daniel J Moralez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dan Moralez and Daniel J Moralez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

188 episodes

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