Jayne Combs's Blog

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Mortgage and Lending - First California Mortgage Company - NMLS#222444

ARCHIVED BLOG POSTS

2011 

Have you ever had that buyer that paid cash for their home and had to wait 6 months to refinance it?  Well Fannie Mae has now come out with the Delayed Financing Exception.  You are now allowed a cash-out refinance within six months of a purchase transaction when NO Financing was used to purchase...
07/25/2011
I received word this morning that the rumor is that Bank of America has stopped accepting high balance conforming loan amounts over $625,000 on Tuesday, July 12.  We are assuming that this is to ensure they are able to close all the loans over this amount no later then September 30, 2011 when the...
07/13/2011
This is a great article by KCM Blog I wanted to share.  You can go directly to their website for this article by clicking here. Bringing the Sale Across the Finish Line by Ken H. Johnson on July 12, 2011 · 2 comments  Today, we are honored to have Dr. Ken H. Johnson, Ph.D. - Florida International...
07/13/2011
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Jayne Combs

Mortgage Diva and NMLS Instructor
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