By Lisa Prevost
May 29, 2014
Underwriting guidelines stay rigid regarding the conforming loans fully guaranteed by Fannie Mae and Freddie Mac, but loan providers have become more accommodating on nonconforming, or jumbo, loans.
Over the past months that are few loan providers have actually begun approving loans for jumbo borrowers who don’t strictly meet with the typical guidelines for, state, earnings documents or credit history minimums, but could make up for these shortfalls various other means. Czytaj więcej about Lenders Easing through to Jumbo Mortgages for required …