Revel, Reality and Brokerage

Revelutionizing Real Estate!

Blog

New Mortgage Rules

Jan
12
2018
Mortgage News by Our In-House Mortgage Expert, Irma Sebastiano

Effective January 1st, 2018, Buyers will be subject to the new rules that dictates anyone applying for a mortgage, even those that require an uninsured (80% LTV or less) mortgage, will be stress tested under the new guidelines. Buyers will qualify for approximately 20% less mortgage based on the new rules. Contact our in house mortgage specialist Irma Sebastiano for full details. 

 

Comments

There are currently no comments to display.