Getting Back to Basics!

Anyone with more than 10 years experience in buying & selling homes realizes the SO CALLED tightening down of the underwriting guidelines followed by conventional lenders is getting back to basics.  Up until the last few years, borrowers had to have a 2 year work history MAKING money no matter their credit score. I found this article, Tight Mortgage Rules Exclude Even Good Risks, interesting and even more interesting the comments.

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About

Lynda Hysong is the owner and Broker of Connestee Falls Realty who also has 25 yrs. experience as a bank branch manager and mortgage loan originator. Lynda is very involved in serving the community of Brevard and Transylvania County. “Connestee Falls Realty TEAM’s Performance Outsells Promises”.

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