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underwriting guidelines

10 Things to Know About Getting a Mortgage in 2010

by Scott Schang December 21, 2009 Market Updates

Luke Mullins of US News & World Report wrote a really good article last week that I wanted to share with you.

Getting a Mortgage in 2010: 10 Things to Know
1. Still tight: The steep run-up in home prices during the first half of the decade was fueled in large part by breezy lending standards. Some [...]

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Slide Show: The Condominium Conundrum

by Scott Schang November 16, 2009 Market Updates

Condominiums are becoming more difficult to find financing for. This class covers changes in FHA spot approvals and challenges with delinquent HOA dues, occupancy and HOA litigation challenges that will prevent financing.
FHA Condo guidelines change in November, 2009 to align closer with existing Fannie Mae restrictions.
These are the slides from the online webinar, please [...]

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