What Was Required to Get a Mortgage in 2012? ~ InfoGraph.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

What Was Required to Get a Mortgage in 2012? ~Infograph.

Ellie Mae tells it all on what it took to get a mortgage in 2012 in this easy to read InfoGraph.

Ellie Mae is a leading provider of on demand automated solutions for the residential mortgage industry and the report draws data from a significant volume of loan applications, more than 20% of all originations in the United States. To read more the 2012 Origination Insight Report and Year End 2012 averages click here to go to the Press Release from January 16th, 2012.

 

 Ellie Mae InfoGraph

 

 

 

David Popoff is a certified “Green” Realtor in lower Fairfield County, Connecticut.

cell 203-228-0646

email DavidPopoffCT@hotmail.com

 

 

DMK Property Management llc is locally owned company serving lower Fairfield County, Connecticut.

Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

Facebook    Twitter    Linked in

 

 

 

  AFFILIATED ORGANIZATIONS

click on logo to go to website

 

                                           

                      

 

 

 

Find David Popoff Ct on Google+
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Connecticut Fairfield County Darien
Groups:
Realtors®
Mortgages
The Ninety-ninth Percentile
Diary of a Realtor
"Pay It Forward" Accountability Group

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi David.  I"ll bet their delinquency ratio has got to be low with those qualifications needed.

Jan 21, 2013 07:23 PM #1
Rainmaker
1,174,661
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

My sister is in contract to purchase a house and is asking for 65% financing with a HUGE downpayment....she is still having to jump through hoops to qualify - more so than she did  20 years ago

Jan 21, 2013 07:24 PM #2
Rainmaker
3,478,102
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for sharing the interesting information. I am surprised to read that average down payment was 21%.

Jan 21, 2013 08:12 PM #3
Rainmaker
753,626
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

I think the statistic of 62% refinancing vs 38% purchase is telling of the times.

Jan 21, 2013 09:35 PM #4
Rainmaker
3,953,534
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Good information for prospective home buyers.  I hope you are having a most productive week.

Jan 21, 2013 10:49 PM #5
Ambassador
2,434,675
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

David, hopefully the rates will stay attractive for buyers in 2013 as well. The criteria for mortgage approval is certainly tighter

Jan 22, 2013 02:47 AM #6
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
753,626

David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
Need Help? Ask me a question.
*
*
*
*
Spam prevention

Additional Information