However, now they’ve changed the regs such that “common folk” cannot take advantage of their housing inflation.
Just tried recently to get an investment loan and they’ve shut us out with regs passed in 2010.
” Just tried recently to get an investment loan and they’ve shut us out with regs passed in 2010.”
Not the same as an owner-occupied, single family mortgage loan. Obama gave the word to loosen requirements on these, probably for 2016. Now a 600 credit score is not ruled out. 600 is bad credit.