guidelines: NEW GUIDELINES!!!! - Good Laugh if you need one!
- 08/13/07 09:11 AM
DISCLAIMER: I can't take credit for this, but it had no author. It was forwarded to me by another mortgage broker who got it from their processor. If someone knows the author, please let me know as I would love to thank them for the laugh and give them credit. Dear Po-dunk Mortgage Broker, Very Important - Guideline Changes Effective August 13th, 2007 All borrowers must have one blue eye and one brown eye to qualifyLTV > 65% SIVA requires a minimum credit score of 849For all LTV > 65%, 360 months of payment reserves now requiredBorrower's must have no previous bankruptcies in their family history (3 comments)
Generally speaking this blog will deal with mortgages and the mortgage market. As I am in Florida and only originate mortgages in Florida, that will be the main topic discussed.