There is some speculation that in the very near future, investors will begin to apply fico-based adjustments to FHA pricing. If you have transactions going with lower scores (below 660) I would advise locking them in soon to avoid these hits. If you have clients that have credit scores below 660 be aware they will not get the best pricing on the market.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved