The guidelines for lending are changing rapidly. I asked Michael Scott from Capstar Lending to share with us what changes are occurring and how they are impacting real estate. In this conversation we cover changes in credit scores, reserves, and employment for conventional, FHA, and jumbo loans. We also talk about what buyers and sellers should expect to experience as these changes unfold. If you have any questions, leave them here or contact either of us directly. You can reach Michael at 512-289-8783 or Michael.Scott@CapstarLending.com. I am available at 512-650-7300 or Craig@RealEstateInAustin.com.
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