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from underwriting world....
Posted by notarydi/CA of CA on 3/31/20 6:19pm Msg #618243
I'm hearing the lenders are knocking off 25% of qualifying income for self-employed people to account for this down time. And, rental income can no longer be used as qualifying income.

Rates may be down, but, I think it might be harder to qualify.
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Messages in this Thread
 58 in CA.... - Pamela/CA on 3/31/20 11:52am
 No chance that rates will drop to 1.75%. Smart consumers - grapebed on 3/31/20 2:10pm
 I agree. I don't see rates going that low. It's a real -  MW/VA on 3/31/20 4:25pm
 Re: 58 in CA.... - Luckydog on 3/31/20 4:26pm
 from underwriting world.... - notarydi/CA on 3/31/20 6:19pm



 
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