Three ways Freddie Mac can save a loan

 Thanks for joining us on the renovation minute. We are bringing you three ways to help keep transactions together with Freddie Mac.
1. For self employed borrowers on Freddie they now only require one year of tax returns to income qualify instead of having to average two full years
2. The schedule most folks use for itemized deduction on their tax forms ( 2106 ) can sometimes be added back to income whereas previously these deductions were deducted from usable income on a transaction.
3. In special circumstance we can use a non-occupant co-borrower with an occupant co-borrower to qualify a loan applicant up to a 75% loan to value.