Posts Tagged ‘Freddie Mac’

Student Debt how does it effect your home buying power- August 2015 Changes

Friday, July 31st, 2015

Debt-to-income ratio calculation What are the changes for Student debt and mortgages ? Effective for loans closing on or after August 1, 2015, the minimum monthly payment amount that must be included in the debt-to-income ratio (“DTI”) calculation for deferred student loans will decrease from 2% to 1% of the outstanding balance. What does this […]

Decision on a short sale in 30 days !

Wednesday, April 25th, 2012

Are you a distressed homeowner. Do you live in Hampton roads and don’t know what to do about your home ? Are you upside down in payment and facing foreclosure ? Our Real Estate team can help. If your loan is backed by Fannie Mae or Freddie Mac we have some great process doing shortsales. […]