Given the sorry state of the Alt-A and Subprime markets today (although they are slowly coming back) I have been seeing more and more call for my old pal - the Govie loan. The FHA and VA loans that were my bread and butter when I started in the business are starting to look pretty good again! No FICO? New on the Job? Getting your Down Payment from Grandma? No Down Payment? Yea - I can do that loan...
When you add in the multitude of Down Payment Assistance Loans and Grants - and the market starts looking pretty ripe with opportunity! And that's even before looking at the REVERSE mortgages! Talk about the coming boom...
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