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According to a recent article in the Los Angeles Times, mortgage interest rates are at their lowest levels in five weeks, and not surprisingly more people are seeking home loans. However, the increases had been driven by the refinance market and not necessarily by new purchases. This is both a positive and a negative for [...]
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When meeting with the lender, the consumer must be do the following: • Always be truthful to the lender • Have complete copies of last two (2) federal tax returns including all W-2’s on all borrowers • Have copy of most recent paystub for all borrowers on the transaction • Have a copy of last [...]
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