lending in hawaii: Lions and Tigers and Lenders, Oh My!
- 09/25/11 11:48 AM
LENDING IN HAWAII IS GETTING SPOOKY... I recently attended the Hawaii Association of Realtors Annual Conference. Hot topics of discussion were Lenders and conditions now being put on loans. With interest rates being phenomenal we are still running into road blocks to get the housing market on solid ground. We are seeing everything from get your mom of the credit card to insurance companies ordering repairs. It used to be when you had a final loan approval it had maybe 5 conditions and those were generally in house. Those conditions could generally be cleared within days. Now it isn't uncommon to … (1 comments)
LENDING IN HAWAII IS GETTING SPOOKY... I recently attended the Hawaii Association of Realtors Annual Conference. Hot topics of discussion were Lenders and conditions now being put on loans. With interest rates being phenomenal we are still running into road blocks to get the housing market on solid ground. We are seeing everything from get your mom of the credit card to insurance companies ordering repairs. It used to be when you had a final loan approval it had maybe 5 conditions and those were generally in house. Those conditions could generally be cleared within days. Now it isn't uncommon to … (1 comments)
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