The document, a «small entity compliance guide,» is meant to clarify new lending rules for mortgage lenders. (homebuyinginstitute.com)
Beginning in January, new lending rules go into effect that might make it more difficult for a small - business owner or self - employed individual to buy a house or refinance an existing mortgage. (joemetzler.com)
But there's a regulatory reason as well, and it has to do with some new lending rules that took effect in 2014. (homebuyinginstitute.com)