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Easing the Path: Fannie Mae Updates Self-Employment Documentation Requirements
In a stride towards accommodating the burgeoning class of self-employed individuals seeking homeownership, Fannie Mae has updated its underwriting guidelines. As per the recent Selling Guide Announcement (SEL-2023-09) released on October 4, 2023,…
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Debunking FHA Loan Misconceptions: Separating Fact from Fiction
The Federal Housing Administration (FHA) loan program has been around since 1934, helping millions of Americans achieve their dream of homeownership. However, despite its long-standing history, many misconceptions continue to circulate, causing some…