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The mortgage business has taken its toll on me lately. The guidelines, rules and regulations keep changing. It seems like they are changing as frequently as interest rates. Everything is changing so rapidly that it can be difficult to keep up. Recently, I had a customer that no matter how har...
There is a great new loan program available for purchasing REO properties owned by Fannie Mae. A borrower needs a 660 credit score to qualify. It will allow your buyers to borrow up to 95% with no mortgage insurance. That's right, NO MORTGAGE INSURANCE! There is no need for an appraisal! Thi...