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	<title>WelcomeHomeNWI.com &#187; Lending Guidelines</title>
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	<link>http://welcomehomenwi.com</link>
	<description>Your Home for Real Estate and Mortgage News for the Best Home Communities in Northwest Indiana</description>
	<lastBuildDate>Wed, 08 Feb 2012 21:43:39 +0000</lastBuildDate>
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		<title>Believe It or Not, Banks Start To Loosen Up In Underwriting</title>
		<link>http://welcomehomenwi.com/2012/02/fed-lending-survey-q4-2011.html</link>
		<comments>http://welcomehomenwi.com/2012/02/fed-lending-survey-q4-2011.html#comments</comments>
		<pubDate>Fri, 03 Feb 2012 13:45:00 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[FICO]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=6404</guid>
		<description><![CDATA[After a half-decade of tightening mortgage guidelines, banks are starting to "loosen up".]]></description>
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		<slash:comments>1</slash:comments>
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		<title>FHA, VA and USDA Make Changes to Support Homeownership</title>
		<link>http://welcomehomenwi.com/2011/10/fha-va-and-usda-make-changes-to-support-homeownership.html</link>
		<comments>http://welcomehomenwi.com/2011/10/fha-va-and-usda-make-changes-to-support-homeownership.html#comments</comments>
		<pubDate>Sat, 01 Oct 2011 18:54:51 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[FHA Loan Limits]]></category>
		<category><![CDATA[USDA]]></category>
		<category><![CDATA[USDA Annual Fee]]></category>
		<category><![CDATA[VA Guidelines]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=5939</guid>
		<description><![CDATA[The winds of change in residential financing has taken full force effective today. Every year just like the change in weather, the new fiscal year begins on October 1st for the US Department of Housing and Urban Development (FHA), Department of Veterans Affairs (VA) and USDA Guaranteed Rural Housing Loan Program (USDA). With a new year of [...]]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>How Long Is The Wait to Buy a Home After Derogatory Credit</title>
		<link>http://welcomehomenwi.com/2011/05/how-long-is-the-wait-to-buy-a-home-after-derogatory-credit.html</link>
		<comments>http://welcomehomenwi.com/2011/05/how-long-is-the-wait-to-buy-a-home-after-derogatory-credit.html#comments</comments>
		<pubDate>Thu, 26 May 2011 00:05:19 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Credit]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=5250</guid>
		<description><![CDATA[With the down turn in the economy over the past several years coupled with high unemployment, many good borrowers have been forced to make difficult decisions on which bills to pay. Generically speaking, paying the mortgage should alwys take number one priority. That is not always feasible unfortunately. For those homeowners who were foreclosed, walked away [...]]]></description>
		<wfw:commentRss>http://welcomehomenwi.com/2011/05/how-long-is-the-wait-to-buy-a-home-after-derogatory-credit.html/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<title>FHA Increases Annual Mortgage Insurance Premiums Again</title>
		<link>http://welcomehomenwi.com/2011/04/fha-increases-annual-mortgage-insurance-premiums-again.html</link>
		<comments>http://welcomehomenwi.com/2011/04/fha-increases-annual-mortgage-insurance-premiums-again.html#comments</comments>
		<pubDate>Thu, 21 Apr 2011 00:13:54 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[FHA Guidelines]]></category>
		<category><![CDATA[FHA MIP]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=4930</guid>
		<description><![CDATA[In case you missed the big event on April 18th, FHA administered an increase to the Annual Mortgage Insurance Premiums for all forward mortgage terms as instructed in Mortgagee Letter 11-10. You may be wondering why FHA would increase their fees again considering they raised fees last fall. Per a legislative mandate in section 202 of the National Housing [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Higher Home Loan Fees from Fannie Mae and Freddie Mac</title>
		<link>http://welcomehomenwi.com/2011/04/higher-home-loan-fees-from-fannie-mae-and-freddie-mac.html</link>
		<comments>http://welcomehomenwi.com/2011/04/higher-home-loan-fees-from-fannie-mae-and-freddie-mac.html#comments</comments>
		<pubDate>Thu, 14 Apr 2011 22:07:27 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=4913</guid>
		<description><![CDATA[Do you have less than 25 percent as a down payment for your next home purchase in Northwest Indiana? Do you need a home loan term longer than fifteen years? Is your FICO credit score less than exceptional? If you answered yes to these questions, you will soon be paying even more to get a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2011 FHA Maximum Loan Limits &#8211; Why You Need to Know</title>
		<link>http://welcomehomenwi.com/2010/12/2011-fha-maximum-loan-limits-why-you-need-to-know.html</link>
		<comments>http://welcomehomenwi.com/2010/12/2011-fha-maximum-loan-limits-why-you-need-to-know.html#comments</comments>
		<pubDate>Tue, 07 Dec 2010 22:30:03 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[FHA Guidelines]]></category>
		<category><![CDATA[FHA Loan Limits]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=3925</guid>
		<description><![CDATA[Every year around this time, lenders receive confirmation of the coming year&#8217;s Fannie Mae and FHA maximum loan limits. Prior to the real estate bubble it was always a forgone conclusion that the Fannie Mae and FHA maximum loan limits would increase as this was a natural function of increasing home prices. In the past several years [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Confused About Your Home Appraisal &#8211; Know the Guidelines</title>
		<link>http://welcomehomenwi.com/2010/12/confused-about-your-home-appraisal-know-the-guidelines.html</link>
		<comments>http://welcomehomenwi.com/2010/12/confused-about-your-home-appraisal-know-the-guidelines.html#comments</comments>
		<pubDate>Wed, 01 Dec 2010 19:26:09 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Business Booster]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Appraisals]]></category>
		<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=3887</guid>
		<description><![CDATA[The home appraisal process often baffles home buyers and homeowners alike. You may feel that your home is worth a higher dollar amount, and so the appraised home value may not always make sense to you. First, it is important to know that the home appraiser is completely independent from mortgage lenders, home buyers, home sellers, homeowners, [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>New FHA Mortgage Insurance Premiums Start October 4th</title>
		<link>http://welcomehomenwi.com/2010/09/new-fha-mortgage-insurance-premiums-start-october-4th.html</link>
		<comments>http://welcomehomenwi.com/2010/09/new-fha-mortgage-insurance-premiums-start-october-4th.html#comments</comments>
		<pubDate>Wed, 08 Sep 2010 20:53:03 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[FHA Guidelines]]></category>
		<category><![CDATA[FHA MIP]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2612</guid>
		<description><![CDATA[Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium structures.]]></description>
		<wfw:commentRss>http://welcomehomenwi.com/2010/09/new-fha-mortgage-insurance-premiums-start-october-4th.html/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why Is Your Mortgage Approval Contingent On Form 4506-T</title>
		<link>http://welcomehomenwi.com/2010/07/why-is-your-mortgage-approval-contingent-on-form-4506-t.html</link>
		<comments>http://welcomehomenwi.com/2010/07/why-is-your-mortgage-approval-contingent-on-form-4506-t.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 20:01:08 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Mortgage Documentation]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2368</guid>
		<description><![CDATA[If you are in need of a mortgage, there is one document that could stop you in your tracks. It is IRS Form 4506-T. What exactly is Form 4506-T? Form 4506-T, aka. Request for Transcript of Tax Return, allows lending institutions to validate your income by confirming with the Internal Revenue Service (IRS) that you [...]]]></description>
		<wfw:commentRss>http://welcomehomenwi.com/2010/07/why-is-your-mortgage-approval-contingent-on-form-4506-t.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can&#8217;t Get The Lowest Mortgage Rate? Blame Fannie Mae</title>
		<link>http://welcomehomenwi.com/2010/07/loan-level-pricing-adjustments.html</link>
		<comments>http://welcomehomenwi.com/2010/07/loan-level-pricing-adjustments.html#comments</comments>
		<pubDate>Wed, 14 Jul 2010 12:51:57 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[LLPA]]></category>
		<category><![CDATA[Risk-Based Pricing]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2302</guid>
		<description><![CDATA[Conforming mortgage rates may be posting all-time lows this week, but that doesn't mean you'll be eligible for them. You may have already called your loan officer and found this out the hard way.  It's because of a federally-mandated mortgage-pricing scheme known as "loan-level pricing adjustments".]]></description>
		<wfw:commentRss>http://welcomehomenwi.com/2010/07/loan-level-pricing-adjustments.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fannie Mae Interest Only Mortgage Guidelines Set to Change</title>
		<link>http://welcomehomenwi.com/2010/06/fannie-mae-interest-only-mortgage-guidelines-set-to-change.html</link>
		<comments>http://welcomehomenwi.com/2010/06/fannie-mae-interest-only-mortgage-guidelines-set-to-change.html#comments</comments>
		<pubDate>Wed, 16 Jun 2010 12:54:53 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Interest Only Mortgage]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2162</guid>
		<description><![CDATA[If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18.  Starting next week, Fannie Mae is clamping down on the popular loan product.]]></description>
		<wfw:commentRss>http://welcomehomenwi.com/2010/06/fannie-mae-interest-only-mortgage-guidelines-set-to-change.html/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
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