Archive for May 2015

USDA corrects handbook re: property and appraisal requirements

From USDA 5/14/2015 clarification – Property and Appraisal Requirements May 14, 2015 Property and Appraisal Requirements This message provides three technical clarifications to Chapter 12 of the 3555 Guaranteed Loan Technical Handbook (HB-1-3555) concerning property and appraisal requirements. The 3555 Handbook will be updated in the near future to reflect these clarifications which are effective […]

FHA 2015 big changes to HUD guidelines

This is a great video to get us all off of our butts and read the new FHA guidelines. FHA Income Documentation FHA Rental Income 2nd FHA Loan Just a few of the areas of change coming. Here is a link to the new HUD handbook in PDF Questions or comments are always welcome!