Finding Your Dream Condo in San Francisco: Navigating Loan Options
San Francisco Real Estate: Condos are a deal but can you get a loan?
As Kenneth Harney confirmed last week in his column , “Mortgage rates and house prices are down – which sounds great for buyers and refinancers. But a series of mortgage industry underwriting and appraisal changes taking effect this month is throwing new hurdles in the way of borrowers and loan officers.”
Bottom line: What does this mean for a San Francisco condo would-be home buyer?(more…)