Archive for the ‘Income Guidelines’ Category
Fannie Mae To Ease Underwriting On Mortgage Refinances By Waiving “Some” Appraisals, Reduce Income Documentation, And Lower Credit Scores
Posted by: primecredit on February 6, 2009
Home Refinance Loans Are Complicated By Low Property Values And Tighter Credit; Conforming Fixed Rate Mortgages Are More Expensive If Borrower Credit Scores Are Below 720; Only 30% Of Refinance Applicants In Certain Markets Are Closing Their Refinance Applications
Posted by: primecredit on January 24, 2009
Home Buyers And Home Owners Must Have Verified Down Payment Or Equity, Good Credit Score, Full Income Documentation And Meet Conforming Loan Guidelines To Get Lowest Rates
Posted by: primecredit on January 21, 2009
New Home Prices Are Still Too High Relative To Homebuyer Income
Posted by: primecredit on January 20, 2009
Conforming Refinance Guidelines: Loan Amounts Under $417,000 Can Go To 60% Debt To Income Ratio; Over $417,000 The Maximum Debt To Income Ratio Is 45%
Posted by: primecredit on December 22, 2008
Jumbo Loans And Self-Employed Borrowers Are Left Out Of “New Mortgage Lending” Environment
Posted by: primecredit on December 2, 2008
Bank Of America’s Kenneth Lewis Wants To Avoid Short-Term Adjustable Mortgages And A Return To 80% LTV Norm
Posted by: primecredit on November 18, 2008
Freddie Mac To Start “Super Conforming” Loan Programs and Retire “Jumbo Conforming”
Posted by: primecredit on November 6, 2008
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