Check out the latest from Real Estate News Channel. http://wp.me/p1kKvr-dw
As of June 1st, Fannie Mae is requiring a credit check prior to funding. For many, this requirement is nothing new, as many lenders have been doing this for a long time. However, with the current market conditions as they are, many buyers are riding the wave just north of 620 and one small purchase on a credit card could cost them the loan. Brian and Frank from ThinkBigWorkSmall discussed this a few days ago on their ThinkBigWorkSmall daily and I thought I would post it here for your viewing pleasure.
Trent from Complete Short Sale Processors
We are forging a relationship with Think Big Work Small. Back in mid-March, Brian and Frank put the process in motion by throwing a shout out our way. Look for more information and helps to come soon from this partnership!
Click on the screen image to check out the episode for more information. We’re placed right in the middle of the update.
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