| FHA Correspondent (mini-eagle) or Direct Endorsement Underwriting Approval |
| Secondary markets have been seriously affected by the poor quality and non-performing loans written during the "Alt A" boom. Origination is now focused on the traditonal agency business with applicants required to fully disclose income. These actions have caused a re-birth of FHA business particularly with regard to recently imposed lending limits to help reverse the economic downturn of the past few years.
Brokers and Bankers who wish to remain viable in the coming years must identify FHA markets which include the Hispanic, Asian and other fast growing minority markets, low and moderate income borrowers and first time homebuyers. JMT Consulting can help you identify these markets, assist you in completing the application process (which due to the backlog of new business, are being returned or rejected by FHA centers due to incomplete information or failure to meet required standards) and provide the appropriate training for originating FHA loans. |
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JMT Mortgage Consulting 8 Cobblestone Drive Upper Saddle River, NJ 07458
Phone 201-760-0840
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