Jake Planton's blog

Hey all, Does anyone know if Freddie Mac has separate guidelines for SE borrowers, vs contract workers?  They are the same, correct??  Any advice is greatly appreciated, thanks!

I have borrowers that are moving here from NH. The husband will not be working, but the wife will be when she gets here. She has a contract to start working at a hospital here in Portland, making $130,000 a year. They will have about 20% to put down, on a $550,000 or so home (estimate). Great cre...

The rate of foreclosure in the United States is really high right now. Not as high as some in the media would like us all to think, but still up there. They say foreclosures are up 57%, or something like that, and people think that the sky is falling. When one finds out that 96% of those carrying...