Lenders continue to lower FICO requirements for new homebuyers


  The average agency FICO score for banks is high at 745, compared to 713 at nonbank lending institutions.  Both show FICO requirements are on the way down, but it's more pronounced at the nonbanks. Here's why. Source: Lenders continue to lower FICO requirements for new homebuyers   The nation’s major banks are continuing to … Continue reading Lenders continue to lower FICO requirements for new homebuyers

Kentucky Fannie Mae Mortgage Guideline Changes for 2015


Fannie Mae Kentucky Conforming Guideline Changes The following guideline changes are effective immediately for all Kentucky Fannie MaeF Conventional loans; however DU will not be updated to reflect these changes until August 15th 2015 Conversion of Currently Primary Residence Requirements for conversion of a borrower's current primary residence to secondary or investment have been removed. … Continue reading Kentucky Fannie Mae Mortgage Guideline Changes for 2015

For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times


For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times. Related Articles Short Seller Massacre: Wrong Or Just Early? (ycharts.com) 5 Stocks Crushing the Short Sellers (investorplace.com) Join Seattle Times Seahawks coverage team for The Huddle on Sept. 5 (blogs.seattletimes.com) The Dow's 5 Most Hated Stocks … Continue reading For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times

The Advantages of Home Ownership


The Advantages of Home Ownership. via The Advantages of Home Ownership.

Qualifying for a mortgage while you’re self-employed


Qualifying for a mortgage while you’re self-employed. via Qualifying for a mortgage while you’re self-employed.  www.mylouisvillekentuckymortgage.com   Contact Me for a FREE Mortgage Consultation   Ready to Apply for your Mortgage?    There is no denying that the mortgage borrowing landscape is changing. One of the product lines that saw repeated revisions was the self-employed mortgage … Continue reading Qualifying for a mortgage while you’re self-employed