In today’s market, liquidity is often key and liquid investments have been working as the economy has gained steam after the enactment of tax reform and regulatory rollbacks. However, this does not necessarily make it easier for anyone to get a new mortgage loan. Federal regulations stemming from the crisis have made it much harder to qualify, based on the ability to repay rule (ATR Rule), for many people. In spite of this regulation, there is one area of the market that still offers plentiful rewards for those with high credit scores and strong qualifying fundamentals....
July 16th, 2018 | Jefferson Mortgage Group, Specialized Forward Mortgages, Jumbo Mortgage Loan, Credit Score Rewards with Specialized Jumbo Loans
Due to recent changes to the HECM Reverse program, we have redirected some of our focus into the areas of private Jumbo Reverse Mortgages for the higher priced homes and Specialized Forward Mortgages primarily focused on self-employed borrowers and investors. This will allow us to broaden our overall product offerings and keep an eye on new developing trends in the mortgage market for our customers. This month’s focus is on investor financing. I would like to introduce our new 80% LTV No Doc Investor loan. This loan does not require income verification (no income verification lo...
February 5th, 2018 | investor financing, No Doc Investor Loans, Specialized Forward Mortgages, Jefferson Mortgage Group, Expanded Loan Programs - No Doc Investor