FHA and Fannie Mae and Freddie are trying hard to re-build their creditworthy reputation among the global mortgage investor population. Proudly, more "Excellent" ranking of the FHA loans is a Giant Step for the housing industry. Recently, FHA improved it's "Excellent" ranking by 145%, and Fannie and Freddie, conventional loans improved it's "Excellent" ranking by 45%. The average credit score for an "Excellent" ranked FHA loan is 697. The average credit score for an "Excellent" ranked conventional loan is 768. The number of "Poor" ranked loans reduced by 66%. The term "Poor" refers to loans that underwriters should have never (1 comments)
financial freedom: What's New and In Style?
- 05/14/08 04:38 AM
Mortgage Planning is NEW and most definitley in style, and can help build bigger and better nest eggs. Mortgage Planning involves STRATEGY and setting a Financial BALANCE. Do you have a loan with the best performance? What is the financial impact of your loan on your ability to save? What is the financial advantage of taking the increase savings and investing it into an asset driven accumulation account? What if you repay your loan early? When will you have the freedom to live mortgage payment FREE? All these are questions I present and answer for my clients. Is my client focus on (0 comments)