CREDIT SCORES

Mortgages are slipping through the fingers of potential borrowers because lending rules are getting stricter. Even people with above-average credit may have trouble getting loans, and some borrowers could lose a home under contract if their score slips a point or two between pre-approval and closing.

Do you have that problem too lately?

 
Posted by Andrea Palmer Phone 239-333-5556 on 04/16/2009 10:33 AM   Comments (2)  

2 Comments on CREDIT SCORES

APR
16

You are right the limits are getting stricter. Never count on anything until it closes.
10:49am • #1
164,231 Points 6 Featured Posts Outside Blog

Yes. I even had a guy with 800+ credit, owned 3 properties outright and had big $$$ in the bank, and they scrutinized every little item in the file--all for a 150k investment property. Personally, I thought that was a bit extreme.
11:23am • #2

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Andrea Palmer Phone 239-333-5556

Cape Coral, FL

More about me…

Rossman Realty Group, Inc. 239-333-5556

Address: 1104 SE 46th Ln. Ste # 2, Cape Coral, Fl , 33904

Cell Phone: (239) 333-5556

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