• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Freddie Loan Advisor Suite Replaces Loan Prospector

Freddie Loan Advisor Suite Replaces Loan Prospector Freddie Loan Advisor Suite Replaces Loan Prospector. Bulletin 2016-03 (Dated February 17, 2016) Rule Synopsis: Freddie Mac has created what they are calling the “Loan Advisor Suite” – a suite of tools to better manage all facets of doing business with Freddie Mac. It includes: Loan Product Advisor The new name for Loan Prospector – along with other improvements described below Loan Quality Advisor Assessment of loan risk and purchase

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FHA Mortgagee Letter 2016-08-Updated Student Loan – Dated April 13, 2016 (Effective June 30, 2016 or Immediate)

FHA Mortgagee Letter 2016-08-Updated Student Loan-Dated April 13, 2016 (Effective June 30, 2016 or Immediate) Rule Synopsis: FHA is making it easier for borrowers with student loans to qualify. The new policy is effective with case numbers ordered on or after June 30, 2016 however lenders may elect to implement the policy immediately. FHA will add a Student Loans section to the 4000.1 Handbook (II.A.4.b.iv.(H) (TOTAL) and II.A.5.a.iv.(G) (Manual)) It will read as follows: (1)

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HUD Gov: How is the monthly payment determined for a student loan under an Income-Based Repayment plan?

HUD Gov: How is the monthly payment determined for a student loan under an Income-Based Repayment plan? Mortgagees must use the guidance in Mortgagee Letter (ML) 16-08 for case numbers assigned on or after June 30, 2016. However, the guidance in this FAQ may be used for case numbers assigned prior to June 30, 2016. The Mortgagee must include the monthly payment shown on the credit report, loan agreement or payment statement to

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97% LTV Convential Loan

97% Percent LTV Options 97% LTV Convential Loan Highlights:  Rate and Term transactions require loan refinanced to be currently owned by Fannie Mae. Purchase transactions require at lease one borrower to be a First Time Home Buyer (defined as not having an ownership interest in a property in the previous three years). NO MORTGAGE INSURANCE. Gift funds eligible for down payment and reserves.   LTV Options Fannie Mae is offering 97% LTV/CLTV/HCLTV financing options to help lenders serve

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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