I keep hearing from people that they think that the banks have stopped lending money to prospective home buyers.  This is simply not true!  The loan officers I work with regularly have no problems approving my clients, though credit & income is looked at more intently than in the past.

In addition, I’m seeing most loan officers quoting 5.75% – 6% today, which is down from 6.75% a couple days last week.  Rates around 6% have been the norm for the last few months but historically are still extremely low.

If you are a buyer who has been turned down for a loan or worries about qualifying, please give me a call and I will set you up with one of my loan officers to see if we can get you set up.  Not everyone can qualify, but the vast majority of buyers out there can still get loans.