Hurry To Get The Biggest Bang For Your Buck

Hurry To Get The Biggest Bang For Your Buck

I just wanted you to know that there will likely be a change to home mortgage qualifying guidelines that go into effect on 1-10-14. 

Currently pre-qualified and pre-approved clients may not qualify for the same purchase prices if they haven’t secured a contract by that date.  The Consumer Financial Protection Bureau (CFPB) is implementing its Ability to Pay guideline that will likely drop the total debt to income ratio to 43%.  Qualified buyers may be approved above that figure right now.


Now may be your best best to get the biggest bang for your buck.  Call me, let's go shopping!



Michael Bray Headshot
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Phone: 915-549-1770
Dated: November 29th 2013
Views: 7,020
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