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FHA Guideline updates effective Sept 14, 2015
Recent changes in FHA Underwriting Guidelines. Underwriting guideline changes covered in this video include:
-Asset Guidelines
– Gift documentation requirements
– Collateralized loans
-Income and Employment guidelines
-Part time income
-Overtime and bonuse income
– Commission income
– Varied hours income calculations
– Self Employed Income
Part 2 can be found here: https://youtu.be/H-IUq_EVIHc
Manual U/W Requirement: http://mysandiegolender.com/wp-content/uploads/2015/10/FHA-Manual-UW-Overview.pdf
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FHA Guideline Changes Part 1 | By Laura Borja-Your San Diego Lender
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