cltv: New Condo Loan Programs Will Help Restore The Housing Market
- 06/03/11 02:07 AM
One of the major problems that is slowing buyer activity in the housing market has been the tightening of mortgage lending standards. For the past six months, there has been a great difficulty in finding a lender willing to do condo financing in Tallahassee, but finally there are signs that this is starting to change and a fix for the housing market might be underway.. Another mortgage lending problem is finding lenders willing to do loans with a combined loan to value (CLTV) of 100%. This means that the lender will allow secondary lending to account for the down-payment or equity … (2 comments)
cltv: A Sure-Fire Fix For The Housing Market
- 04/30/10 02:16 AM
Today marks the end of the Homebuyer Tax Credit for people who still want to take advantage of the stimulus money that the government felt would cure a wounded housing market. Nobody can argue that the stimulus did not stimulate, but it certainly did not fix the heart of the problem. It seems as if we need to get a few “numbers people” involved in this solution. Housing Market Needs To Stimulate Move Up Home Buyers For the sake of simplicity in this article, we will break potential buyers into two distinct groups. First time homebuyers (they do not currently … (0 comments)
One of the major problems that is slowing buyer activity in the housing market has been the tightening of mortgage lending standards. For the past six months, there has been a great difficulty in finding a lender willing to do condo financing in Tallahassee, but finally there are signs that this is starting to change and a fix for the housing market might be underway..
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