I cut and paste below a list of products that have been eliminated by a major lender today. Here is part of the problem. The notice came out this morning, that due to the turbulence in the market, the following products have been eliminated. If your loan is currently at the bank, you will have around 30 days to close. I include the list as is, so you can see the changes in FICO scores and the State Specific lowering of loan amounts. Not only is the crisis nationwide, but some areas are suffering greater than others. I think we have heard this in the speeches for the primaries lately. These loan programs have gone bye bye: Elimination of all stated income programs Elimination of all bank statement programs Purchase money transactions will have a minimum credit score requirement of 620 Refinance transactions will have a minimum credit score requirement of 580 Our maximum LTV will be 85% in most states, with reductions as follows: Maximum LTV 80% in CT, DC, MD, NJ, NY, OR, RI, VA Maximum LTV 75% in CA, AZ, ID, UT Maximum LTV 70% in FL Maximum LTV 65% in NV Is this you? – Dale Siegel