| |  | Hi Kens,
Happy Friday coming to you from Ken and FAIRWAY!
The largest investor of conventional mortgages in the US, "Fannie Mae", is on the verge of making it easier for more buyers. Fannie has announced more leniency on their Debt to Income (DTI) ratios starting this summer. This is great news for all of us in the industry. While "Freddie Mac" (2nd largest investor to Fannie) has offered offered leniency on the DTI ratios, Fannie has not. Many lenders only have access to one or the other, so this evens the game for some lenders, but primarily, just opens the door for more people to buy the home of their dreams. As usual, higher ratios have to be supported with the proper credit, income, employment history and assets.
And listen in to get a quick snapshot of the most recent stats about Lancaster County home sales and listings. |  Do you have the most powerful PITI calculators at your finger tips? No? Call me, I'll create your own custom APP with some really cool features on it. | | Ken's Korner... Your source for news, tips, motivation and inspiration. |  | | |
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