New Federal Home Loan Rules

Effective October 1, 2015 the Fed has made it more time consuming to close a home loan, more info to come.  This was done in an effort to make things clearer for borrowers but expect delays in closings!  Realtors across the country as well as lenders and title companies are scratching their heads with the new rules but in the next few months will figure out the real world applications.

https://youtu.be/9NBfn8BQCL0