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How times changed! After spending the last 20 years of my life as a Mortgage lender I thought I had seen just about everything in our industry had to offer but I was wrong. As more lenders fall on hard times they continue to make it harder for all borrowers to make the dream of ownership a reality. It seems that on a daily basis we are seeing them changing the guidelines for the worse. The investors are asking for additional documentation that sometimes just doesn’t make sense. Long gone are the days of EZ doc files or stated income loans, Investors want to see everything!

Thank God for FHA loans! FHA will still finance up to 97% of the purchase price continue