Fannie Mae and Freddie Mac are increasing their fees on loans tied to risk based pricing. Botom line is if you have less than a 740 score and putting less thann 25% down on a purchase, you will experience and increase in the cost and/or rate of your future purchase loan. You can see more on the video at this link: http://www.thinkbigworksmall.com/mypage/tbws/
Anyone out there thinking about buying a property, now is the time to move. Please contact me for a free Estimate for your new loan.
No comments:
Post a Comment