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Author: Brandon Butler

Vantage Score 4.0 – Mandatory Use

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Requirement for Utilities to be On During an Appraisal

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Value of Property on Refinance – Purchase Value of Appraised Value

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Non-Occupant Co-Borrower & HomeReady Income Limits

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FHA Requirements for a Credit Pull Prior to Closing

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Calculating Distribution Income from a Retirement Account

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Eligible Encroachments Allowed for FHA

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Bonus Income Earned Less Than 2 Years

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Seasoning Requirement on a VA Cash-Out – VA vs. GNMA

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Manufactured Homes & Foundation Certifications

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USDA Student Loan Calculation When the Loan Is in Deferment

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Fannie Mae – FAQs: Income Calculator – Dated May 2, 2024

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Freddie Mac Bulletin 2024-9 – Dated July 3, 2024 – Rental Income Enhancements and Other Updates

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Freddie Mac FAQ on Fluctuating Income

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FHA Mortgagee Letter 2024-13 – Revisions to the 203(k) Rehabilitation Mortgage, 203(k) Consultant Requirements and Fees – Effective November 4, 2024

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