April 24th, 2011 4:34 PM by Eric Fang
No Purchase loans closed the past week. But one hard purchase loans were approved. Borrowerhas more than 5 financed properties with less thantwo years landlord experience. And we are all happy this loan was approved by a big bank.
Lots of loans closed the past week with ARMhistory low rates and more loans locked the past week as well.
Though I was very busy, I managed to complete theApril Newsletter, Two important issues here are:1)New Compensation Rule 2)729k loan will expire soon.