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