Realize that most of the “mortgage broker forums” are GENERALLY not the elite or best of the best.
Many posts are typically “where do I get the highest rebate” (kickback) OR “Who will do 100% financing with a 500 score”
A small % of professionals and a HUGE % of slimy salespeople
who don’t think twice about screwing a borrower, with a larger number of trolls who are taking notes.
You rarely if ever see a post about integrity or what is best for the borrower. An indication of what is happening, but consider you source! 😉
There are plenty of solid lenders still underwriting all kinds of loans. The lower the LTV, the higher your score, the easier it is.
Conforming amount Stated Income refi’s to 95% are still VERY possible. There’s too much money around for jumbo rates to stay high, but the LTV will determine the rate.
High LTV loans will find little interest and high rates unless the govt steps in with an insurance plan, which is a possibility to restore order.
