Gary Parkes's (gmparkes) Blog

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Mortgage and Lending - Guaranteed Rate, Inc.

ARCHIVED BLOG POSTS

2008 

However, there are lots of changes in the mortgage world that those looking to buy or sell a home should be aware.  First, let me say, mortgage underwriting is really based on common sense -does it make sense?  Will the buyer be able to afford to make the payments on this house! For a buyer, it i...
08/20/2008
The post-foreclosure requirements have recently changed to qualify for a new mortgage.  However, there is life after a foreclosure!  FHA loans only require 3 years to have passed unless an exception is granted based on extreme circumstances which vary on a case by case basis.  Fannie Mae/Freddie ...
08/20/2008
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Gary Parkes

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