Where did you hear this?

Read Don R. Campbell's Blog on look Strategic Look at “Market Influencers” For 2018

http://www.donrcampbell.com/strategic-look-at-market-influencers-for-2018

Housing crisis is a bit rich a term.

Of course financing is tougher now with the new rules in place. It will affect first time buyers primarily. We will see more renters and smaller houses.

Landlords rejoice and GenY buyers weep !

The new rules only apply to the banks all people need do is look at the multiple alternative lenders available out there.


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The most recent mortgage qualification rules only affect conventional uninsured mortgages. There are many different rules in play now.

The problem is many people are confused and that is why they need to speak with a mortgage broker to help them understand the differences and where they fit.

I am available to help provide clarity.

Keith Uthe Mortgage Alliance Enrich Mortgage

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Does anyone have experience with Credit unions? I had one property through them and it was a very positive experience and wonder if anyone utilizes them for multiple properties, as these new rules don't seem to apply to them.

As a mortgage broker I use credit unions for my investor and home owner clients quite often. They often ask for more documentation and amazing how investors will balk at these requests. Often the rate is competitive and some limit to 25 year AM. They do not fall under federal regulations so they do not have to adapt the new rules unless they choose. A couple still have not applied the new "financial certainty test' of 2%.

Keith Uthe Mortgage Alliance Enrich Mortgage

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