All Forum Posts by: Kris Calhoun

Thanks for the info guys, helpful indeed.  So if the business has been opened for five years, but not my main source of income for the 1st 3 of those years does that still count so that Freddie Mac would run only 1 year of my tax returns to qualify?

I am doing research on refinance loans and am curious about Freddie Mac lenders.  Do certain lenders go to Freddie Mac to sell their loans and not fannie mae?  Are there a list of lenders who solely deal with Freddie Mac? 

I believe I need my loan to be run through the Freddie Mac Loan Prospector program.  Here is why I believe that.  As I am self employed (same job title) for 2 years, but I am looking for a lender to loan against my 2nd year of tax returns as my AGI is significantly higher in the 2nd year.

If anyone can shed light on this that would be great.  Let me know if further info is necessary to answer my questions.  Thanks

Thanks David quite helpful info

As a relatively new active self employed real estate investor, I have purchased both sides of a town home about 5 years ago. The value has gone up and am interested in obtaining a loan against the equity. Can you tell me what more info a lender might want so I can put it all together in a nice package. I have included some pertinent info below. Thanks everyone

Good Credit Score:800+

Equity 150k+

As a relatively new active self employed real estate investor, I have purchased both sides of a town home about 5 years ago.  The value has gone up and am interested in obtaining a loan against the equity.  Can you tell me what more info a lender might want so I can put it all together in a nice package. I have included some pertinent info below.  Thanks everyone

Good Credit Score:800+

Equity 150k+