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	<title>Palm Springs Real Estate &#187; Loan Approval</title>
	<atom:link href="http://edbrophy.com/category/mortgage/loan-approval-mortgage/feed/" rel="self" type="application/rss+xml" />
	<link>http://edbrophy.com</link>
	<description>Ed Brophy, REALTOR®</description>
	<lastBuildDate>Tue, 15 May 2012 15:59:25 +0000</lastBuildDate>
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		<item>
		<title>Congratulations, You&#8217;ve Been Approved!</title>
		<link>http://edbrophy.com/congratulations-youve-been-approved/</link>
		<comments>http://edbrophy.com/congratulations-youve-been-approved/#comments</comments>
		<pubDate>Mon, 21 Mar 2011 16:43:46 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[Congratulations]]></category>
		<category><![CDATA[debt to income ratios]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[full loan approval]]></category>
		<category><![CDATA[home buyer]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[housing expense]]></category>
		<category><![CDATA[housing expenses]]></category>
		<category><![CDATA[Mortgage Professional]]></category>
		<category><![CDATA[pre approval]]></category>
		<category><![CDATA[pre-qualification]]></category>
		<category><![CDATA[Trust One Mortgage]]></category>
		<category><![CDATA[underwriter]]></category>
		<category><![CDATA[You've Been Approved!]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=3447</guid>
		<description><![CDATA[Congratulations, You&#8217;ve Been Approved! The four words every Home buyer who has applied for a home loan loves to hear when they&#8217;re shopping for their new home.  Unfortunately for everyone involved in a real estate transaction the approval might not be worth the paper it was written on! What does a loan approval mean? Well, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Analysis: One-Third of Americans Highly Unlikely to Qualify for a Mortgage Today</title>
		<link>http://edbrophy.com/analysis-one-third-of-americans-highly-unlikely-to-qualify-for-a-mortgage-today/</link>
		<comments>http://edbrophy.com/analysis-one-third-of-americans-highly-unlikely-to-qualify-for-a-mortgage-today/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 17:16:27 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[best mortgage rates]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[California Mortgage Broker]]></category>
		<category><![CDATA[california mortgage lender]]></category>
		<category><![CDATA[california mortgage rate]]></category>
		<category><![CDATA[california mortgage rate refinance]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[FHA Financing]]></category>
		<category><![CDATA[FHA Mortgage]]></category>
		<category><![CDATA[FHA Streamline Refinance]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[JoAnne Gilliam]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>
		<category><![CDATA[Moving Tips]]></category>
		<category><![CDATA[Palm Spring Real Estate]]></category>
		<category><![CDATA[palm springs mortgage]]></category>
		<category><![CDATA[palm springs property]]></category>
		<category><![CDATA[Property Conversion]]></category>
		<category><![CDATA[Rancho Mirage Homes for Sale]]></category>
		<category><![CDATA[Rancho Mirage Real Estate]]></category>
		<category><![CDATA[Rental Income]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=2799</guid>
		<description><![CDATA[RISMEDIA, September 28, 2010&#8211;Nearly one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, making homeownership out of reach for many. This is according to an analysis of more than 25,000 loan quotes and purchase requests on Zillow Mortgage Marketplace during the first half of September. Borrowers with [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can a Borrower Have More Than One FHA Mortgage at a Time?</title>
		<link>http://edbrophy.com/can-a-borrower-have-more-than-one-fha-mortgage-at-a-time/</link>
		<comments>http://edbrophy.com/can-a-borrower-have-more-than-one-fha-mortgage-at-a-time/#comments</comments>
		<pubDate>Wed, 15 Sep 2010 15:25:34 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[best mortgage rates]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[California Mortgage Broker]]></category>
		<category><![CDATA[california mortgage lender]]></category>
		<category><![CDATA[california mortgage rate]]></category>
		<category><![CDATA[california mortgage rate refinance]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[FHA Financing]]></category>
		<category><![CDATA[FHA Mortgage]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[JoAnne Gilliam]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>
		<category><![CDATA[Moving Tips]]></category>
		<category><![CDATA[Palm Spring Real Estate]]></category>
		<category><![CDATA[palm springs mortgage]]></category>
		<category><![CDATA[palm springs property]]></category>
		<category><![CDATA[Rancho Mirage Homes for Sale]]></category>
		<category><![CDATA[Rancho Mirage Real Estate]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=2473</guid>
		<description><![CDATA[Lately this seems to be the question most asked by borrowers who are considering a 2nd home or investment property purchase.  In short the answer is no.  In normal situations HUD allows only one FHA Mortgage loan per borrower. Below are four unique exceptions to this rule. Increasing Family Size- If the borrowers current residency [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FHA Streamline Refinance Requirements</title>
		<link>http://edbrophy.com/fha-streamline-refinance-requirements/</link>
		<comments>http://edbrophy.com/fha-streamline-refinance-requirements/#comments</comments>
		<pubDate>Tue, 14 Sep 2010 16:39:07 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[best mortgage rates]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[California Mortgage Broker]]></category>
		<category><![CDATA[california mortgage lender]]></category>
		<category><![CDATA[california mortgage rate]]></category>
		<category><![CDATA[california mortgage rate refinance]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[FHA Streamline]]></category>
		<category><![CDATA[FHA Streamline 203(k)]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[JoAnne Gilliam]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>
		<category><![CDATA[Moving Tips]]></category>
		<category><![CDATA[Palm Spring Real Estate]]></category>
		<category><![CDATA[palm springs mortgage]]></category>
		<category><![CDATA[palm springs property]]></category>
		<category><![CDATA[Rancho Mirage Homes for Sale]]></category>
		<category><![CDATA[Rancho Mirage Real Estate]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=2405</guid>
		<description><![CDATA[FHA Streamline Refinance Loan Requirements FHA Streamline refinance loans can help homeowners lower monthly mortgage payments and interest rates. But what do you need to qualify for an FHA Streamline loan? To begin, you need an existing FHA mortgage — if you don’t have an FHA loan but want to refinance, your options include conventional [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FHA Announces Minimum Credit Scores for Mortgages</title>
		<link>http://edbrophy.com/fha-announces-minimum-credit-scores-for-mortgages/</link>
		<comments>http://edbrophy.com/fha-announces-minimum-credit-scores-for-mortgages/#comments</comments>
		<pubDate>Fri, 10 Sep 2010 16:57:20 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[best mortgage rates]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[California Mortgage Broker]]></category>
		<category><![CDATA[california mortgage lender]]></category>
		<category><![CDATA[california mortgage rate]]></category>
		<category><![CDATA[california mortgage rate refinance]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[FHA Streamline]]></category>
		<category><![CDATA[FHA Streamline 203(k)]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[JoAnne Gilliam]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>
		<category><![CDATA[Moving Tips]]></category>
		<category><![CDATA[Palm Spring Real Estate]]></category>
		<category><![CDATA[palm springs mortgage]]></category>
		<category><![CDATA[palm springs property]]></category>
		<category><![CDATA[Rancho Mirage Homes for Sale]]></category>
		<category><![CDATA[Rancho Mirage Real Estate]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=2424</guid>
		<description><![CDATA[On September 3, 2010, the US Department of Housing and Urban Development (HUD) released Mortgagee Letter 2010-29 regarding Minimum Credit Scores and Loan-to-Value Ratios. This is in accordance with Federal Register Notice FR-5404-N-01, which proposes minimum credit scores and loan-to-value (LTV) ratios.  Here is a summary: (a)  Effective October 4, 2010, borrowers with a credit score [...]]]></description>
		<wfw:commentRss>http://edbrophy.com/fha-announces-minimum-credit-scores-for-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ask the Lender or Broker the Right Questions</title>
		<link>http://edbrophy.com/ask-the-lender-or-broker-the-right-questions/</link>
		<comments>http://edbrophy.com/ask-the-lender-or-broker-the-right-questions/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 02:24:36 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[American Financial Network]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[california mortgages]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=1534</guid>
		<description><![CDATA[The main rule: Don&#8217;t just look at the mortgage interest rate. Take a close look at all the terms of the mortgage program. Check with several lenders, either directly or through a mortgage broker. You also can do some comparison shopping yourself on the Web. For more, see the section on Using the Web to Find [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fannie Mae &#8220;Loan Quality Initiative&#8221; How Will This Affect Borrowers?</title>
		<link>http://edbrophy.com/fannie-mae-loan-quality-initiative-how-will-this-affect-borrowers/</link>
		<comments>http://edbrophy.com/fannie-mae-loan-quality-initiative-how-will-this-affect-borrowers/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 00:46:42 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Hot Topics]]></category>
		<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[American Financial Network]]></category>
		<category><![CDATA[California Home Loan]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[California Mortgage Broker]]></category>
		<category><![CDATA[california mortgages]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[fannie mae loan quality initiative]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>
		<category><![CDATA[mortgage lenders]]></category>
		<category><![CDATA[Palm Springs Mortgage Broker]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=1509</guid>
		<description><![CDATA[Fannie Mae &#8220;Loan Quality Initiative&#8221; How Will This Affect Borrowers? Beginning with applications dated June 1st, Fannie Mae is implementing the “Loan Quality Initiative” (LQI) guidelines. All Fannie Mae lenders must adhere to these guidelines. In a nutshell, the LQI guideline changes are: Credit re-verification just prior to or on the day of funding: Fannie [...]]]></description>
		<wfw:commentRss>http://edbrophy.com/fannie-mae-loan-quality-initiative-how-will-this-affect-borrowers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Right Way To Take A Cash Gift For Downpayment</title>
		<link>http://edbrophy.com/the-right-way-to-take-a-cash-gift-for-downpayment/</link>
		<comments>http://edbrophy.com/the-right-way-to-take-a-cash-gift-for-downpayment/#comments</comments>
		<pubDate>Sat, 29 May 2010 15:23:14 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[American Financial Network]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[California Interest Rates]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[california mortgages]]></category>
		<category><![CDATA[Cash Gifts]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[Gift Letter]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=1287</guid>
		<description><![CDATA[As lenders tighten mortgage guidelines for California homebuyers, minimum downpayment requirements are increasing.  Several years ago, you could finance a home with nothing down. Today, most conventional mortgages require at least 10 percent. Anecdotal guideline changes have led to an increase in the number of homebuyers accepting cash gifts from family. Gifts are allowed in [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Your Mortgage Approval Isn&#8217;t Final Until Its Funded</title>
		<link>http://edbrophy.com/your-mortgage-approval-isnt-final-until-its-funded/</link>
		<comments>http://edbrophy.com/your-mortgage-approval-isnt-final-until-its-funded/#comments</comments>
		<pubDate>Thu, 27 May 2010 18:24:25 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Hot Topics]]></category>
		<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[American Financial Network]]></category>
		<category><![CDATA[california home loans]]></category>
		<category><![CDATA[california mortgage]]></category>
		<category><![CDATA[california mortgages]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed borphy]]></category>
		<category><![CDATA[home purchase]]></category>
		<category><![CDATA[home refinance]]></category>
		<category><![CDATA[Loan Agency]]></category>
		<category><![CDATA[loan approval]]></category>
		<category><![CDATA[loan contingency]]></category>
		<category><![CDATA[loan process]]></category>
		<category><![CDATA[Mortgage Approval]]></category>
		<category><![CDATA[Mortgage Banker]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[Mortgage Lender]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=1248</guid>
		<description><![CDATA[Your Mortgage Approval Isn&#8217;t Final Until It&#8217;s Funded, a host of things can &#8220;go wrong&#8221; while your home loan is underway. Some are in your control, many more are not.  And just being aware of some potential pitfalls could help save your loan down the road, and your peace of mind today. MSN Money ran a [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Have an FHA Loan? Want to Do an FHA Streamline Refinance?</title>
		<link>http://edbrophy.com/have-an-fha-loan-want-to-do-an-fha-streamline-refinance/</link>
		<comments>http://edbrophy.com/have-an-fha-loan-want-to-do-an-fha-streamline-refinance/#comments</comments>
		<pubDate>Fri, 07 May 2010 13:57:29 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[FHA Loans]]></category>
		<category><![CDATA[FHA Streamline Refinance]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=890</guid>
		<description><![CDATA[If you have an FHA loan, you have probably heard you can refinance with an FHA streamline refinance. This FHA loan is a type of refinance where you can refi without an appraisal. It used to be very easy to do. In the past, you could refinance your loan, drop your rate, wrap in all the [...]]]></description>
		<wfw:commentRss>http://edbrophy.com/have-an-fha-loan-want-to-do-an-fha-streamline-refinance/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>How Purchase Loans Are Made &#8211; A Step−By−Step Walkthrough</title>
		<link>http://edbrophy.com/how-purchase-loans-are-made-a-step%e2%88%92by%e2%88%92step-walkthrough/</link>
		<comments>http://edbrophy.com/how-purchase-loans-are-made-a-step%e2%88%92by%e2%88%92step-walkthrough/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 18:31:23 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home purchase]]></category>
		<category><![CDATA[loan process]]></category>
		<category><![CDATA[mortgage interest]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[synergy mortgage]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=140</guid>
		<description><![CDATA[Pre-Approval - Lenders are encouraging buyers to get pre-approved for a mortgage so they&#8217;ll know in advance how much house they can afford.  Pre-Approval is different from Pre-Qualified.  With Pre-Approval you have already gathered your loan documentation and given to the lender, and the lender has already approved you for the loan pending your selection [...]]]></description>
		<wfw:commentRss>http://edbrophy.com/how-purchase-loans-are-made-a-step%e2%88%92by%e2%88%92step-walkthrough/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loan Contingency vs. Loan Approval Contingency a Follow-up</title>
		<link>http://edbrophy.com/loan-contingency-vs-loan-approval-contingency-a-follow-up/</link>
		<comments>http://edbrophy.com/loan-contingency-vs-loan-approval-contingency-a-follow-up/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 17:41:51 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[loan approval]]></category>
		<category><![CDATA[loan contingency]]></category>
		<category><![CDATA[pre approval]]></category>
		<category><![CDATA[pre qualified]]></category>
		<category><![CDATA[referral partners]]></category>
		<category><![CDATA[synergy mortgage]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=105</guid>
		<description><![CDATA[I think everyone may be missing the point of my last post. I&#8217;m not arguing loan contingency.  Long before you get to loan contingency removal you should have the loan pre-approval contingency removed.  Many, Many Realtors believe this to be one in the same when it&#8217;s not. Loan Pre-Approval is a full review of the clients&#8217; ability [...]]]></description>
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		<title>Don&#8217;t Get Stuck in the Contingency Wasteland!</title>
		<link>http://edbrophy.com/dont-get-stuck-in-the-contingency-wasteland/</link>
		<comments>http://edbrophy.com/dont-get-stuck-in-the-contingency-wasteland/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 17:37:59 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Loan Approval]]></category>
		<category><![CDATA[business relationships]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[ed brophy]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[marketing partners]]></category>
		<category><![CDATA[mortgage loans]]></category>
		<category><![CDATA[referrals]]></category>
		<category><![CDATA[refinance]]></category>

		<guid isPermaLink="false">http://edbrophy.com/?p=107</guid>
		<description><![CDATA[Mathew Ryan recently wrote Backup offer for more than original contract. In a nutshell he and his client accepted an offer with a 20 day finance contingency, and then received a backup offer for $11,000 higher.  My 1st question is why one would accept a 20 day finance contingency in today&#8217;s day and age of almost [...]]]></description>
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