Low Mortgage Rates, Eligibility Tightens

Below is a great article that talks about the current mortgage industry.  It is so important to deal with someone who knows how to do Conforming and Government loans.  Unfortunately the underwriters in this industry have to cover their butts.  I have had 2 loans in the past month that were turned down but after I sent in the FHA guideline I was able to overturn their decision and get it approved. 

 

http://www.bloomberg.com/apps/news?pid=20601103&sid=a8ta_MEhUZ9E