Comments on: Changing Underwriting Rules: Will You Still Qualify? http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/ Home loans made easy Thu, 20 Nov 2008 17:36:33 +0000 http://wordpress.org/?v=2.3 By: Tyler, The Wealth Creation Guy http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14297 Tyler, The Wealth Creation Guy Sun, 06 Jul 2008 03:40:15 +0000 http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14297 Great post! I'm glad you're telling this story! To answer your question about approvals - I'd say each pre-approval needs to consistently be re-approved almost weekly anymore. Unfortunately pre-approval letters are only worth as much as the paper they are written on. It's important to work with lenders that have the guidelines straight and are students of the business. You seem to fit the profile! Keep up the great work. Great post! I’m glad you’re telling this story!

To answer your question about approvals - I’d say each pre-approval needs to consistently be re-approved almost weekly anymore. Unfortunately pre-approval letters are only worth as much as the paper they are written on.

It’s important to work with lenders that have the guidelines straight and are students of the business. You seem to fit the profile!

Keep up the great work.

]]> By: Catherine Coy http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14202 Catherine Coy Fri, 27 Jun 2008 09:24:32 +0000 http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14202 Here are some new rules (effective yesterday) that not all lenders will honor in the future. When this mess all shakes out, get a loan approved should be interesting. https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0816.pdf Here are some new rules (effective yesterday) that not all lenders will honor in the future. When this mess all shakes out, get a loan approved should be interesting.

https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0816.pdf

]]> By: Refinance Blog » Blog Archive » Changing Underwriting Rules: Will You Still Qualify? http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14195 Refinance Blog » Blog Archive » Changing Underwriting Rules: Will You Still Qualify? Wed, 25 Jun 2008 22:01:17 +0000 http://www.lendingclarity.com/2008/06/25/changing-underwriting-rules-will-you-still-qualify/#comment-14195 [...] mortgage article: Changing Underwriting Rules: Will You Still Qualify? The current mortgage landscape is suffering from a series of aftershocks following the mortgage [...] […] mortgage article: Changing Underwriting Rules: Will You Still Qualify? The current mortgage landscape is suffering from a series of aftershocks following the mortgage […]

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