The Surprising Reason Fannie Mae & Freddie Mac Just Changed the Game for Your Debt!

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1 year ago
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Fannie Mae & Freddie Mac Reverse Debt To Income Ratio Adjustment

Fannie Mae and Freddie Mac are making it easier for borrowers by rescinding their debt-to-income ratio pricing hit or adjustment – no matter the credit score or down payment amount!

#fanniemae #freddiemac #debttoincomeratio #pricingadjustment #780score #639score

Fannie Mae and Freddie Mac just announced that they're rescinding their debt to income ratio pricing hit or adjustment. That was if you had a debt ratio over 45%, between 45 and 50, they were going to charge you a quarter percent in fee if you had a 780 on low down payment and 2.25% if you had a 639. That's just the high and the low. So they rescinded that. That only lasted for maybe six weeks to a month. This is the same type of pricing hit in LLPA that they're proposing for the Joe Biden low credit score loan. Like I said in my video last week or earlier in the week, no one's probably ever going to know the difference and we're all just wasting good oxygen talking about it. Justin with JK Mortgage. Let's go! 🇺🇸

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Justin Kautz
JK Mortgage
Call or Text: (559) 679-5730
jk@justinkautz.com
3242 E Coast Hwy
Corona Del Mar, CA 92625
2928 Saltwood Ct.
Celina, TX 75009
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Spot ON Lending, Inc./Full Service Mortgage Group
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