why cant my buyers get a loan now: WHY WHY WHY Can't my buyers get a loan now??? - 04/09/16 05:49 AM
I have 3 sets of buyers.
ALL are employed.
All have 30% downpayment with additional cash reserves to cover mortgage costs for over a year.
ALL have Fico scores over 740.
 
ALL have had a shortsale less than 4 years ago.
 
Now, a year ago they were told they needed to wait 3 years before they can purchase again. Now, it's been moved up tp 4 years.
WHY???
Why are they being punished?
Why can't people get a loan, if they can qualify for one?
 
What is the point of making them wait?
 
I would think it would be better for the entire nation, for the real estate market, and for … (3 comments)

 
SHER Sheldon, LEADING YOU HOME! (LUXRE REALTY)

SHER Sheldon

LEADING YOU HOME!

Laguna Niguel, CA

More about me…

LUXRE REALTY

Address: 163 Avenida Del Mar, San Clemente, Ca, 92672

Mobile: 949-315-5500



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