Tag Archives: income

Freddie Mac rolls out direct deposit income verification

Potential homebuyers seeking Freddie Mac-backed mortgages will no longer have to hunt for paper pay stubs to verify their income. Freddie Mac announced on Wednesday that it will roll out an automated process that allows mortgage lenders to assess a prospective homebuyer’s direct deposit income. Freddie Mac claims this would reduce the paper documentation burden on […]

Using 90% of 1099 income to qualify for a mortgage

Using 90% of 1099 income to qualify for a mortgage No tax returns and made simple up to 80% cash out refinance buy up to 90% ltv on 1,000,000 30 year fixed rate interest only available as well Start Your Loan with DDA today Your local Mortgage Broker Mortgage Broker Largo See our Reviews Looking […]