- This topic has 25 replies, 3 voices, and was last updated 16 years, 10 months ago by NotCranky.
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January 9, 2008 at 3:13 PM #132889January 9, 2008 at 4:46 PM #132964poway_sellerParticipant
did you all hear that for credit scores below 680 investor guidelines now require 3/4 discount point on new mortgages? this went into effect jan 4th i think
660-679 1 pt
640-659 1.25 pt
620-639 1.75 pt
<620 2 pts if they even qualify.interesting
January 9, 2008 at 4:46 PM #133152poway_sellerParticipantdid you all hear that for credit scores below 680 investor guidelines now require 3/4 discount point on new mortgages? this went into effect jan 4th i think
660-679 1 pt
640-659 1.25 pt
620-639 1.75 pt
<620 2 pts if they even qualify.interesting
January 9, 2008 at 4:46 PM #133156poway_sellerParticipantdid you all hear that for credit scores below 680 investor guidelines now require 3/4 discount point on new mortgages? this went into effect jan 4th i think
660-679 1 pt
640-659 1.25 pt
620-639 1.75 pt
<620 2 pts if they even qualify.interesting
January 9, 2008 at 4:46 PM #133219poway_sellerParticipantdid you all hear that for credit scores below 680 investor guidelines now require 3/4 discount point on new mortgages? this went into effect jan 4th i think
660-679 1 pt
640-659 1.25 pt
620-639 1.75 pt
<620 2 pts if they even qualify.interesting
January 9, 2008 at 4:46 PM #133256poway_sellerParticipantdid you all hear that for credit scores below 680 investor guidelines now require 3/4 discount point on new mortgages? this went into effect jan 4th i think
660-679 1 pt
640-659 1.25 pt
620-639 1.75 pt
<620 2 pts if they even qualify.interesting
January 26, 2008 at 10:24 AM #143113NotCrankyParticipant“It seems that the formulas and methods have been tinkered with over time. I would expect that during this cycle, the methodology will be changed again”
Expectations granted.
Rustico said…
Got crow?
“That letter explained the methodologies for setting the limit quite well. It seems like it would be highly unusual for the limits to go up in 2009.”Well they probably won’t for the obvious 700k+ reasons!
I thought the methodologies were very reasonable. So much for the age of reason.Hi Poway-seller, I wasn’t aware of that.
January 26, 2008 at 10:24 AM #143347NotCrankyParticipant“It seems that the formulas and methods have been tinkered with over time. I would expect that during this cycle, the methodology will be changed again”
Expectations granted.
Rustico said…
Got crow?
“That letter explained the methodologies for setting the limit quite well. It seems like it would be highly unusual for the limits to go up in 2009.”Well they probably won’t for the obvious 700k+ reasons!
I thought the methodologies were very reasonable. So much for the age of reason.Hi Poway-seller, I wasn’t aware of that.
January 26, 2008 at 10:24 AM #143357NotCrankyParticipant“It seems that the formulas and methods have been tinkered with over time. I would expect that during this cycle, the methodology will be changed again”
Expectations granted.
Rustico said…
Got crow?
“That letter explained the methodologies for setting the limit quite well. It seems like it would be highly unusual for the limits to go up in 2009.”Well they probably won’t for the obvious 700k+ reasons!
I thought the methodologies were very reasonable. So much for the age of reason.Hi Poway-seller, I wasn’t aware of that.
January 26, 2008 at 10:24 AM #143380NotCrankyParticipant“It seems that the formulas and methods have been tinkered with over time. I would expect that during this cycle, the methodology will be changed again”
Expectations granted.
Rustico said…
Got crow?
“That letter explained the methodologies for setting the limit quite well. It seems like it would be highly unusual for the limits to go up in 2009.”Well they probably won’t for the obvious 700k+ reasons!
I thought the methodologies were very reasonable. So much for the age of reason.Hi Poway-seller, I wasn’t aware of that.
January 26, 2008 at 10:24 AM #143448NotCrankyParticipant“It seems that the formulas and methods have been tinkered with over time. I would expect that during this cycle, the methodology will be changed again”
Expectations granted.
Rustico said…
Got crow?
“That letter explained the methodologies for setting the limit quite well. It seems like it would be highly unusual for the limits to go up in 2009.”Well they probably won’t for the obvious 700k+ reasons!
I thought the methodologies were very reasonable. So much for the age of reason.Hi Poway-seller, I wasn’t aware of that.
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