Important Mortgage Changes You Need To Understand

Dated: 01/17/2014

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Qualified Mortgage Rule Changes and the Southern Ocean County Real Estate Market

The Consumer Finance Protection Bureau has created a Qualified Mortgage Rule (QM) which goes hand-in-hand with Ability-to-Repay rules (ATR). These changes are important for anyone looking to buy a house with a mortgage in the Southern Ocean County real estate market. For more detailed information, it is best to speak with a mortgage representative.

Click here for more information about changes to the qualified mortgage rule and other important mortgage changes you need to understand
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