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.
Don’t let these things HAUNT your Preapproval
October 31, 2013 by Leave a Comment
I 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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