mortgage insurance rates

2007 Mortgage Insurance rates will be increasing. Coverage amounts will remain the same but the factors are changing. •2. As of November 1 2007 the Mortgage Insurance companies are scrutinizing lower credit scores more than ever. In some cases regardless of AUS findings they will not insure the loan. Many of the changes are in line with FNMA requirements. •3. I have seen especially with My Community Mortgage that if you are still using DO Version 5.6 it does not have the most up today changes. Make sure your system is at least Version 5.7 to take advantage of the most up to date changes. We are currently running Point 6.0. To check this look at your DO findings or the number that pops up when upi 1st open Point. •4. Some good news..... My Community Mortgage has now expanded the Community Solutions Option for Military Personnel!! 0 Comments on As of November 1st 2007 Mortgage Insurance rates will be increasing and Kris Krajecki Mortgage Broker Huntley. IL . Kris Krajecki - American Mortgage Werks - Huntley. IL Office Phone: (847) 426-3431 Cell Phone: (630) 347-6321 Find and here on ActiveRain. Disclaimer: ActiveRain Corp does not necessarily endorse the real estate agents loan officers and brokers listed on this site. These real estate profiles and are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp takes no responsibility for the content in these profiles that are written by the members of this community.© 2007 ActiveRain Corp. All Rights Reserved

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