Mortgage underwriting standards today are prudent and they are documented. This is the mortgage industry doing it the right way as compared to how mortgage underwriting was done before the mortgage meltdown, where there was no documentation needed and therefore no validation that those borrowers had an ability to repay. This reaffirmation of underwriting standards solidifies the values of our real estate and our communities.
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NEO Home Loans is a division of Celebrity Home Loans, LLC | NMLS# 227765 | Equal Housing Lender | nmlsconsumeraccess.org
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