Fannie Mae and Freddie Mac Updated Condo Requirements and Here Is What Every Buyer and Owner Needs to Know

Fannie Mae and Freddie Mac Updated Condo Requirements and Here Is What Every Buyer and Owner Needs to Know

HOA reserves, insurance, special assessments now reviewed. Kendra LaManna explains new condo project approval rules. ...more

Mortgage

September 16, 20263 min read

Fannie Mae Removed the Minimum Credit Score Requirement and Here Is What That Means for Buyers

Fannie Mae Removed the Minimum Credit Score Requirement and Here Is What That Means for Buyers

575 credit score approved on conventional. Kendra LaManna explains the Fannie Mae change opening new doors now. ...more

Mortgage

September 15, 20262 min read

Paying Rent on Time Can Now Help You Qualify for an FHA Loan and Here Is What Buyers Need to Know

Paying Rent on Time Can Now Help You Qualify for an FHA Loan and Here Is What Buyers Need to Know

On-time rent payments count toward FHA qualification. Kendra LaManna explains who can qualify and how to start. ...more

Mortgage

September 14, 20262 min read

Southeast Homeowners Are Getting Property Tax Bills Right Now and Here Is What to Do With Them

Southeast Homeowners Are Getting Property Tax Bills Right Now and Here Is What to Do With Them

Escrow pays your taxes so don't panic. Kendra LaManna explains what to do when that bill arrives in the mail. ...more

Mortgage

September 11, 20262 min read

A Fixed Rate Mortgage Does Not Mean Your Monthly Payment Can Never Change and Here Is Why

A Fixed Rate Mortgage Does Not Mean Your Monthly Payment Can Never Change and Here Is Why

Taxes and insurance change even when your rate doesn't. Kendra LaManna explains why your payment may still move. ...more

Mortgage

September 10, 20263 min read

Your Salary Is Not the Only Income That Counts for a Mortgage and Here Is What Else Qualifies

Your Salary Is Not the Only Income That Counts for a Mortgage and Here Is What Else Qualifies

Commission, rentals, assets, 1099 all stack toward qualifying. Kendra LaManna explains income stacking for buyers. ...more

Mortgage

September 10, 20262 min read

Fannie Mae and Freddie Mac Are Overhauling the Appraisal Form in November and Here Is What It Means

Fannie Mae and Freddie Mac Are Overhauling the Appraisal Form in November and Here Is What It Means

New appraisal form launches November. Kendra LaManna explains what changes for buyers and home values. ...more

Mortgage

July 30, 20262 min read

You May Be Able to Tap Your Home Equity Without Giving Up Your Low First Mortgage Rate Here Is How

You May Be Able to Tap Your Home Equity Without Giving Up Your Low First Mortgage Rate Here Is How

Keep your low rate and access equity with a HELOC. Kendra LaManna explains how it works and who qualifies. ...more

Mortgage

July 24, 20262 min read

A Price Cut Does Not Mean a Bargain but Here Is How a Lender Uses It to Structure a Smarter Deal

A Price Cut Does Not Mean a Bargain but Here Is How a Lender Uses It to Structure a Smarter Deal

Price cuts create leverage for smart deal structure. Kendra LaManna explains the full picture buyers miss. ...more

Mortgage

July 13, 20264 min read

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