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Advancements in Home Financing: Embracing ADU Income for Mortgage Qualification with Neil Anders

We’ve seen in the past year that government agencies have recognized the need to revise guidelines to consider additional income sources that are being utilized by borrowers to meet the higher cost of homes and higher interest rates in the form of accessory dwelling unit income.  ....

Freddie Mac , Fannie Mae , Va Loan Guaranty Service , Trusted Rate , Guaranty Service , Loan Policy , Metropolitan Statistical Areas , Single Family Residences ,

DPA, Insurance, Lien Release, Marketing, MSR Valuation Products; In-Person Events for April Into May

My cat Myrtle never turns down a good helping of enchanting, diced, barbequed beef. (Sorry vegetarians: La Principessa is a carnivore.) I realize that Easter is still ahead of us, and summer a few months off, but who hasn’t driven by a field full of cattle in the heat and seen them standing in the shade? A shaded, comfortable steer produces more meat. No shade impacts profitability. Where am I going with this? Banks earn income by taking money from you and me, and business accounts, and lending it out to home and car buyers, people establishing businesses and so on. If people and companies are tired of earning near 0 percent on their bank deposit and putting their money in money market accounts instead, eventually banks have less money to lend out, things change. No money impacts profitability. (Today’s podcast can be found here and this week it’s sponsored by Milestones. Giving homeowners an all-inclusive homeownership experience including home value and equity mo ....

Kansas City , United States , San Diego , Atlantic City , Antonio Hyatt Hill , Regal Alex Levin , Regina Lowrie , Adam Rieke , Yolana Muckle , Doug Duncan , Julas Hollie , Las Vegas , Bill Withers , Loui Bullard , Rob Chrisman , Gibran Nicholas , Kevin Quinn , Mortgage Lenders Association Conference , Sheraton Kansas City Hotel At Crown Center , Broker Services , Arkansas State Bank Department , National Association Of Realtors , Regional Conference Planning Committee , Fannie Mae , Fair Lending Forum , Department Of Veterans Affairs ,