Business With Greg Mortgage and Real Estate Blog

This is a Mortgage and Real Estate blog that contains help articles related to each industry.

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Entries from May 2008

PMI Companies - Tightening Up Conventional Loans

May 29th, 2008 · No Comments

Earlier this month PMI started to tighten up their guidelines even further. Effective 6/1/2008 most companies are discontinuing insurance for all Cash Out refinances and any Conforming loan receiving a level loan approval.
Last year I had a vision of what 2008 would hold for the industry. I felt that Conforming lending would tighten up so [...]

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Tags: Mortgage Related · Real Estate Related

Mortgage Lending To Real Estate Investors

May 8th, 2008 · 1 Comment

In the past there was enormous opportunities for investors to obtain mortgages. I saw loans at 100% financing on Stated income with a credit score of 620. Now things have changed dramatically and investors are struggling to finance their investment properties through a standard residential mortgage lender.
 The biggest problem we are seeing today is the [...]

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Tags: Mortgage Related · Real Estate Related

Credit Report and Credit Scores

May 5th, 2008 · No Comments

It has become eminent that America needs to take charge of their finances and learn how they can better their situation for obtaining credit. In the past you could have a variety of issues and still obtain loans for what you need. Today the financial sector is not buying high risk or buying very little.
 The [...]

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Tags: Mortgage Related