Scottlends2u/Scott Mcnamee/Mortgage Lending

09/06/2026

Your Doctor Clients deserve a mortgage built for them.

09/06/2026

Attention:

Fannie Mae just made a quiet change that could unlock stuck move-up buyers.

A ton of homeowners want to move but don't want to give up the home they're in due to having a low interest rate. Now they might not have to.

For a departing primary residence being converted to a rental, we can use documented market rent (Zillow, Redfin, MLS) to help offset the existing mortgage payment for qualifying.

What that means:
✅ No tenant lined up before closing
✅ No signed lease required
✅ Nothing collected in advance
✅ 75% of documented market rent can help offset the current payment

Translation: they keep the current home, rent it out, and still qualify for the next one without that impossible "find a tenant before you even have a closing date" timing problem.

Got a buyer who assumed they had to sell first? They might not.

Any questions reach out.
Scott McNamee

09/04/2026

Buying or selling a condo just got a little more involved. As of August 2026, Fannie Mae and Freddie Mac eliminated the shortcut review process that used to let buyers putting 10% or more down skip a deep financial check on the condo association. Now every condo deal gets the full review, no exceptions.
For buyers: underwriters are now checking the HOA's reserves, budget, insurance, and litigation history more closely than before. On top of that, associations are required to hold more in reserves (15% of budget, up from 10%, fully phased in by January
2027), which could mean some HOA fees creep up over the next year.
None of this means condos are a bad move, they're still offering more negotiating room than detached homes right now. It just means checking a building's financial health early matters more than it used to.

For my realtor friends: if you've got condo listings or buyers right now, it's worth pulling the HOA's financials and reserve study upfront, before you're deep into a deal that stalls in underwriting over something that could've been caught on day one. A building with low reserves, a pending special assessment, or active litigation can now sink a deal that would've sailed through a year ago.
Happy to run a quick pre-check on any condo building for either side of the deal, buyer or listing agent, just send me the HOA docs.

09/03/2026

Are you sitting on equity in an investment/rental property and dont think you qualify to pull cash out because of your income or credit?
There are loan options where your income isnt a factor.
The main issue is can the property pay for itself?
If so, this may be the solution for you.
You dont necessarily need stellar credit either. Decent credit and good equity goes a long way these days.
This may be a solution you werent even aware of.
Let us know if like to learn more and we are happy to help! Thank you.

09/03/2026

Real Estate agents, great news on foreclosed properties.

09/02/2026

09/02/2026

Should I wait for interest rates to fall or buy the house now?

09/02/2026

Private employers added just 38,000 jobs in August, according to ADP, falling short of expectations for roughly 50,000. That marked the slowest pace of job growth in seven months.

09/01/2026

Are you hesitant to buy a home today due to higher interest rates? You're not alone.

Many potential homeowners delay their purchase, waiting for rates to drop. But what if this delay costs more than you think?

By delaying a purchase, you risk foregoing significant appreciation gains, potentially exceeding any financial benefits from lower interest rates. Lower rates would also increase competition and put additional upward pressure on home prices.

It’s time to talk strategy. Comment "Don't Wait” below and I’ll get in touch to break down exactly what waiting could cost you in your area.