回复：昨天问过贷款问题。这里是问过mortgage broker的结果。

最近几个月条例的确变了很多。
1。出租房屋equity不超过30％，租金不算收入，只算成纯债务。这个是从8月份开始的。
As I understand, rental income is based in last two year tax return.

If equity i less than 30%, borrower need 6 month PITI reserve for all REO.





2。stated income 借贷基本不可能，影响很多做小生意的人。从10月20日以后。


SISA still aviable, 35 to 40% down with 7.5% + rate and 2 to 5% point.

More populaqr, hard money loan do nota sk anything. 60% ltv and average 15% rate.

3。每个人名下的mortgage从up to 10 变成4。
For investment only, if you buy or refi primary home, still 10.

4。broker们都希望今后几个月会有一些新产品出炉，抵消部分上面的效应，。


I do not think so. Fannie Mae and Freddie Mac are shout of money.
I guess due to less inport from Chna, the fund used to buy US bond is limited,


5。第一次买房的人，或者第一个mortgage，根据收入和信用，当然信用的要求也高出很多，仍然可以借到95％。

97% if you use FHA or some conforming loan.

VA and USDA still loan 100%.



这样，各地的房价还会跌的

Yes. BUt it is come to bottom. The volume is start stable.

Prepare cash. That time cash is king.