Big Win for Veterans Buying a Home!  VA recently changed its guidelines to allow Veteran borrowers to pay for a pest inspection and repairs.  Previously, this was not permitted unless there was a local variance.  For Veterans competing for homes in a tough market, this updated guideline gives them more flexibility in their home loan offer.  If you are a Veteran looking for a home, let’s talk!
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Big Win for Veterans Buying a Home!  VA recently changed its guidelines to allow Veteran borrowers to pay for a pest inspection and repairs.  Previously, this was not permitted unless there was a local variance.  For Veterans competing for homes in a tough market, this updated guideline gives them more flexibility in their home loan offer.  If you are a Veteran looking for a home, let’s talk!

ByBrandon Butler

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FHA – Calculating Effective Income After a Reduction or Loss of Income for Borrowers Affected by Presidentially Declared COVID-19 National Emergency, Mortgagee Letter 2022-09, Effective immediately or with case numbers assigned on or after September 5, 2022.

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Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 11.0 – July 2022 Update – Dated June 28, 2022 – Effective July 10, 2022, and Desktop Underwriter/Desktop Originator Release Notes DU Version 11.0 – August 2022 Update – Dated June 22, 2022 – Effective August 20, 2022

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