Based on a report by the National Association of Realtors (NAR), and I quote "private mortgage insurance companies are getting more comfortable providing insurance. More mortgages with less than 20 percent down can get originated." In the past year, buyers needing to make lower down payments would have to have a very high credit score or they would have to qualify for an FHA loan with government mortgage insurance.
Some markets are still classified as ‘declining markets’, and therefore the underwriting standards continue to be very tight in these markets.
We appear headed towards more normal underwriting standards where the conditions are not overly restrictive.
Linda L. Julian
Realtor
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About Me
- Linda Julian
- I am originally from Massachusetts and I moved to New Hampshire in 2000 and I have not looked back since. I love NH. I am an experienced Real Estate Consultant with Coldwell Banker Residential Brokerage. I love what I do. What do I do you may ask...I assist buyers and sellers in meeting their real estate goals. My passion is educating my customers and clients on how they can get what they want whether the objective is to buy or sell. With great integrity, dedication and understanding the importance of communication I am able to guide my clients through what can be a complex process. The reward for me is when seller clients have succeeded in selling their house and when my buyers have purchased their home. Providing a service with a successful end result is wonderful. In my personal time, I enjoy hiking, cycling and walking. Spending time with family and friends is my favorite pass time. Oh and I do have to say that watching some TV is fun for me too.
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