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PA & NJ FHA shouldn't be that hard

FHA shouldn't be that hard - talk to us on your turned down loans (edit/delete)

 I've have been running into quite a few realtors lately that have been telling me that they are having problems with their FHA & Conforming loans getting turned down by the banks or that they have been taking an extremely long time.

Please understand that FHA really is not that hard & it really is not that stringent.  These are new guidelines that lenders are allowed to impliment so they can turndown  choose their risk tolerance & cherry pick  protect themselves.  They are also allowed to charge higher rates on deals that have lower credit scores - I.E. - manual underwrites.

Currently many lenders have turn times that are excrutiatingly long.  If you're client has been turned down or you need a very fast turn around time, please give me a call. The best way to contact me is via email at
jgonzalez@1stmetro.net or visit me on the web at  www.1stmetropolitan.net/

To your success!                                                 

Joe

 

For help or questions contact:

Joe Gonzalez

Senior Loan Consultant -  NMLS #126036
GMH Mortgage Services, LLC
625 W. Ridge Pike, Building C, Suite 100 | Conshohocken, PA  19428 | Direct: 610-355-8039 |  Cell: 610-739-6563

FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia

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Comment balloon 0 commentsJoe Gonzalez • March 26 2008 01:11PM

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