What does this new Fannie Mae application mean? Are qualifying requirements changing?

Just the form is changing. No Qualification changes associated with the form.

Periodically, the loan application changes to update the questions that are asked. The changes to the application have nothing to do with any of the underwriting requirements that an applicant will need to be approved. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in AZ, CA, GA, OR, WA... In fact, NEXA is licensed in all states except MA and NY and we are pending approval in VA, so give us a call. ~ www.ApplyYes.com 480-889-9000.

To someone applying for a new loan? Absolutely nothing. Simply a redesigned form with a couple of new questions. I lend in MN WI IA SD ND, and can be found at JoeMetzler.com. Cambria Mortgage, NMLS 274132