Investment Properties
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Private jumbo underwriting remains tricky business
Nov 25, 2013It’s difficult for borrowers looking to fund a second-home purchase to find a lender willing to lend to them — especially if the mortgage is considered a jumbo loan, above current conforming lending limits. Per the WSJ, lenders aren’t willing to let borrowers blur lines between vacation homes and investment properties.
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Number of flipped homes rises 19% in seller’s market
Jul 19, 2013