Freddie Mac loosening up on Large Deposits

mortgageporterraiseDocumenting large deposits on bank statements has been a royal pain in the behind for many borrowers going through the mortgage process.  I am very pleased to share with you that Freddie Mac has updated guidelines that lenders, including Mortgage Master, are embracing.

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Don’t let these things HAUNT your Preapproval

mortgageporter skeletonI encourage anyone who is considering buying a home to start the preapproval process as soon as possible. Regardless of if you’re not planning on buying for a year or you think your credit, income and assets are prefect – you never know what underwriters may find lurking in your application.

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