
Excellent credit and putting more money down will now hurt you with higher rates and fees
CandyLempe
2 min
Business & Finance
Description
<p>New legislation being passed on May 1st for getting a mortgage will<br/>1. Credit score from 680 to 780 will be penalized for having good credit<br/>2. Putting more money down like 15 to 20% will be penalized via higher rates and more fees.<br/>So having excellent credit and putting more money down will hurt you and not help you when it comes to getting a great rate. <br/>tune in and learn more at <a href='https://www.ddamortgage.com/blog'>https://www.ddamortgage.com/blog</a><br/>Didier Malagies nmls#212566<br/>DDA Mortgage nmls#324329</p> <a rel="payment" href="http://www.ddamortgage.com/blog">Support the show</a>
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Excellent credit and putting more money down will now hurt you with higher rates and fees
CandyLempe