Documenting 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.
Freddie Mac loosening up on Large Deposits
Filed Under: Fannie, Freddie and FHFA, Underwriting and Qualifying Tagged With: deposits, underwriting
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