Mortgage Market Update – Subprime is Back

Nathan Davis NMLS 319449 provides a mortgage market update for the Southwest Florida Real Estate Industry to include updates on interest rates and a new Subprime Mortgage Program. Nathan introduces a new program that allows credit scores down to 500, no foreclosure seasoning, and even a program for self employed borrowers to verify income through bank statements instead of tax …

Mortgage Market Update with Appraisal Process Changes

Nathan Davis – NMLS 319449 of Hamilton Group Funding Inc, provides a mortgage market update for the Southwest Florida Real Estate Market to include Ft Myers, Cape Coral, Punta Gorda, and Naples. There have been some recent changes to Fannie Mae’s process for lender’s appraisal review process that could impact valuations and how an appraiser has to justify values. This …