A couple of tidbits:
I got this email in from a lender rep today:
Minimum FHA FICO scores had been 620,
Things are loosening up a bit.
Also loosening up in the Jumbo market as well:
I’m deliberately leaving the lender’s name off,
But the lender is not a portfolio lender, that’s the
Important thing, they sell to Chase as I understand
It…The important thing is that it is a small signal that
The Jumbo market is loosening up as well.
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