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N.Y. Mortgage offering bridge loans for homebuyers - Brief Article
Continuing its expansion of products, services and geographic coverage, The New York Mortgage Company LLC, has introduced bridge loans for homebuyers ......(Continue Reading) Steeply rising rates hurt conduits, underwriting - commercial mortgage rates
The steady rise in commercial mortgage rates has hurt mortgage conduits and increased lenders' underwriting problems. Rising rates can cause conduits to ......(Continue Reading)Getting a Mortgage Gets Easier - hassle-free mortgages for self-employed or irregularly employed people - Brief Article
Lenders are paring the paperwork for self-employed workers. The last time Phillip Juett took out a mortgage, in 1993, he had to give the lender several ......(Continue Reading)Time to grab an ARM; lenders are pushing complex new loans
Lending institutions are packaging ARMs to meet the needs of more consumers since interest rates have increased in recent months. Mortgages that are based ......(Continue Reading)Threshold for jumbo mortgage loans increased to $322,700
Jumbo mortgages in 2003 will start at $322,700. A home loan for $322,700 or less will be a conforming mortgage, and a loan for more will be a jumbo ......(Continue Reading)
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