Mortgage Servicing Ratio (MSR) may be capped at 30% for private home purchase. If you are thinking of waiting, do think again…and miss the boat again…
Do a search on “more checks to go with private home loans” and it should direct you to a news article explaining more on MAS direction (or you can drop me a mail and I will send you the article).
Buyers, do not be caught with your pants down again!
Sellers, if you have a market price offer, do not be greedy!
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