Jeff's Blog

By
Mortgage and Lending - Southwest Funding
Discover what others have, no one works harder to get you your dream house. Our experienced staff is here to work with you to develop your loan application quickly, accurately, and honestly to make the strongest case for you. Then we shop our network of wholesale lenders to find the loan program that fits you best. We pride ourselves in helping you get your questions answered with prompt, courteous service. We never forget that it is personalized one on one service that sets us apart from the rest.

ARCHIVED BLOG POSTS

2011 

Agency Properties Owned Free & Clear (no existing liens, always considered cash out) If the property was purchased 6-12 months prior to application, the LTV/CLTV must be based on the lesser of the purchase price plus documented improvements or appraised value. This requirement is applicable for ...
12/22/2011
0 Comments
Tip of the Day   -Over the weekend, Fannie Mae updated the DU credit risk assessment for VA loans. Per the agency announcement, improved credit characteristics will be required to receive a DU Approval. This will likely result in a reduced number of VA loans receiving an Approved recommendation. ...
12/22/2011
0 Comments
Tip of the Day   For 2012 the following areas are have higher than normal FHA loan limits: San Antonio and the surrounding areas can go all the way up to $332,500 for a single family residence. Austin and the surrounding areas can go to $288,750 for a single family residence. Houston, Dallas, and...
12/22/2011
Rainmaker
42,571

JeffSchraeder

smartphone(214) 532-6692
Contact The Author
Discover what others have, no one works harder to get you your dream house. Our experienced staff is here to work with you to develop your loan application quickly, accurately, and honestly to make the strongest case for you. Then we shop our network of wholesale lenders to find the loan program that fits you best. We pride ourselves in helping you get your questions answered with prompt, courteous service. We never forget that it is personalized one on one service that sets us apart from the rest.