8506 Common Freddie Mac Errors

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The loan is either invalid or incomplete.  Normally, you would see an error message showing what is incorrect.  However, if there are too many items to list, you can see this general error.  Typical issues include, but are not limited to:

1. Missing Application Date

2. Missing Years at current residence

3. Missing Asset Ownership

4. Incorrect data entry of Self-Employment Income

5. Missing Loan Purpose