Paramount Residential Mortgage Group, Inc. (PRMG) is proud to be part of a select few of lenders in the United States devoting itself to a cohesive digital mortgage experience. Proudly introducing the new PRMG TPO Portal, a new digital mortgage platform that promises brokers blazing speed and greater functionality, making the entire experience easier to do business with PRMG.
Read MoreFreddie Mac (FHLMC) has announced several upcoming changes to their seller guide, specifically in relation to Assets and Income. With these changes, you will find there are some enhancements for qualifying, as well as some new restrictions/requirements. One of the changes is that FHLMC will be requiring analysis of the business to support that the business has sufficient liquidity and is financially capable of producing stable monthly income for the borrower, similar to Fannie Mae.
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