Tag Archive for: furlough

Government Shutdowns – Much Ado About Very Little; The Impact of Shutdowns!

It looks like we averted another government shutdown at the 11th hour over the weekend. While shutdowns do impact people within the government, they do not actually impact the rest of us that much. The media like to make a big deal of out shutdowns because their biggest impact is often making one of the political parties look worse in the eyes of voters, and thus impacting elections.Read More

Returning To Work After Layoffs; Job Seasoning

If borrowers return to the same job or a similar job in the same industry, they will be able to qualify for conforming (Fannie/Freddie) financing 30 days after they return to work, in most cases, with 30 days worth of paystubs.Read More

Qualifying After Returning to Work

If borrowers return to the same job or a similar job in the same industry, they will be able to qualify for conforming (Fannie/Freddie) financing 30 days after they return to work, in most cases, with 30 days worth of paystubs.Read More

COVID-19 Mortgage Updates

We have a surprisingly large number of buyers still in the market. Because guidelines and asset positions are changing every day, we encourage all agents and borrowers to contact their lender prior to making every offer to ensure pre-approvals still stand.Read More