Des Moines Real Estate Week In Review Ending June 1st, 2012 Total Residential Active Listings – 4,701 New Listings Taken During the Last 7 Days – 288 Current Accepted Offer Count (Pendings) 1,875 Accepted Offers (Pendings) During the Last 7 Days – 163 Closed Transactions During the Last 7 Days – 173 Average Sale Price […] From Steve SchraderBachar, Wells Fargo Home Mortgage ”The following Credit Policy enhancement is being made by Wells Fargo Home Mortgage for FHA Purchase transactions. Credit Policy on or after Jan. 15 Minimum loan score and LTV allowed for Purchase transactions: Loan score lower than 500 = not allowed Loan score 500 – 579 allowed […]
Tag Archives: Buyer
Des Moines Real Estate Stats 6-1-2012
New FHA PURCHASE Guidelines — Credit Scores below 600 now allowed with more down payment
