Posted by
Thomas Buttonfield on Friday, September 19, 2008 2:23:53 PM
Trying to buy a home? If you have worked hard, saved your pennies for a down payment, paid your bills on time to establish excellent credit and then wondered why you couldn’t get a great rate or a lender to take a chance on you; Buttonfield Thinks this says it all…
“Sources of Income: In addition to primary employment income,
Fannie Mae and Freddie Mac will accept the following as valid income
sources: overtime and part–time work, second jobs (including seasonal
work), retirement and Social Security income, alimony, child support,
Veterans Administration (VA) benefits, welfare payments, and
unemployment benefits.”
Read more about Equal Opportunity Lending if you need an additional impetus for your head to explode.
Have a great weekend.
Thomas Buttonfield