Tag Archives: applying for a mortgage

Don’t Commit Mortgage Sabotage

Lending standards have gotten much tighter as a result of the mortgage crisis. Fannie Mae and Freddie Mac now require a credit “refresh” no more than three days prior to closing . Since most mortgages are sold to Fannie and … Continue reading

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Don’t Commit Mortgage Sabotage

Fannie and Freddie have instituted new quality control guidelines that require a second review of a borrower’s credit report just before settlement. Continue reading

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