Tougher lending is not always a bad thing - 10/29/08 09:18 AM
Some of the program changes are not all bad for us.  Back in about 2002 and before when you got a home loan you had to provide 2 years of w-2's, a month of pay stubs, bank statements, show job stability and have decent credit.  Then you sat down with a mortgage person and decided how much you were going to put down and what type of program was best for you.
Then the change in the industry started to happen.  The stated income/stated asset, no-doc and 0-down loans started to show up.  Not long after that first time home buyers … (0 comments)

 
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Jerry Wright MLO 181458

Marysville, WA

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Absolute Mortgage

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