tag:blogger.com,1999:blog-466630963333970922.post296581796947048410..comments2023-08-05T13:00:23.854-05:00Comments on Peoples Processing Loan Processing Experts processing across multiple states. Contract Processing: Mortgage Market Question?Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-466630963333970922.post-56470571088834202902010-02-12T09:28:58.588-06:002010-02-12T09:28:58.588-06:00Guideline Changes - wholesaler's bumping up Fi...Guideline Changes - wholesaler's bumping up Ficos... Not us... Our business is not to ONLY lend to the top tier of borrowers and loans... We know you guys have qualified borrowers with a mid FICO score in the 620 to 660 range... Therefore, true to our FHA roots we are not abandoning this area of borrowers. <br /><br />That being said... Fico's are still one of the prime indicators of loan performance. To protect our Portfolio from being targeted... Can only submit 620 to 660's as a certain percentage of you biz... It will be updated Feb 15th and again March 1st and April 1st... To pull in line with Industry standards...Check the website for details... www.polarishfc.comJohn Salernohttps://www.blogger.com/profile/02057898133265848197noreply@blogger.com