“I think it’s a big misconception. “Tightening lending standards” only apply to private lenders. Government is doing the opposite. You can get a FHA loan of up to $625,000 with 3% down, credit score of 660, and 45% gross DTI ratio.”
Interesting. As I learned in the mortgage business, the devils are inthe details. Any details here that may slow this down?
If not, this would be a strong inflationary force on the RE market as well as crowd out many lenders. If any are still interested in this market?
