

It’s The Little Things
This got me thinking about how grateful I can be for the little things. Like when the temperature around here is 5-10 degrees cooler. It’s a small amount that makes a huge difference. Many of our lenders are making small lending guideline changes that taken by themselves are not a big deal but combined a few of these guideline changes can be a game changer for people looking at home loan financing.
Here are some examples of those changes:
- Appraisal Transfers are allowed on Conventional loans
- Rate locks can be cancelled within 24 hours and re-locked at current market pricing
- Limited condo reviews available to 90% loan-to-value
- 100% gift funds allowed through Conventional financing up to 95% loan-to-value
- Gift funds do not need to be sourced if donor wires funds directly to escrow
858-863-0264