mortgage

Fannie / Freddie “Streamlines’ are here! No appraisal…No Limit on LTV….Marginal Credit “OK”.

by kirstinwillingham February 13, 2012 How's The Market

The new HARP “2. 0 program will start being funded March 17th 2012. Borrowers can begin applying immediately!!!!!!!!!!  Before the rush of applications begins bogging down lender’s capacity.
Here’s the basic criteria
Max. DTI is 45%.
No mortgage lates in the last 6 months.
Only one mortgage lates in the last 12 months.
Note: That investors/lenders may impose stricter criteria [...]

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New Doctor Loan program for Physicians – Marina del Rey Real Estate

Thumbnail image for New Doctor Loan program for Physicians – Marina del Rey Real Estate by kirstinwillingham January 17, 2012 Latest News

New Doctor loan program.   Available for Doctors only on Monday, Dec. 5, 2011.   It is a Non-conforming Doctor Program that provides financing for the purchase of a Primary Residence by medical doctors who have completed their medical residency within the most recent 36 months. The program allows less for restrictive credit policies, in an [...]

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