A Break For South Bay Real Estate

soldGood news for the South Bay Real Estate Market. Well Fargo has lowered its FICO score standards from 640 to 600. This means that more people can qualify for mortgage loans that do not have perfect credit. You can be pretty sure that other lending institutions will follow the lead of Wells Fargo.

“The goal is to increase access to credit, especially for low- and moderate- income borrowers and first-time home buyers,” said Tom Goyda, a bank spokesman. “These are fully underwritten, fully documented loans, consistent with FHA program guidelines and responsible lending principles.”

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About Carol

As a premier real estate agent in the South Bay, I’m here to provide you with all the resources and information you need to buy or sell real estate. I work with buyers and sellers in Torrance, Redondo Beach, Rancho Palos Verdes, Palos Verdes Estates, Long Beach and the surrounding areas and I’ve had extensive training in the latest real estate marketing strategies. I’m confident that I can offer you knowledge and tools most other agents can’t. Contact me so I can keep you updated on the latest real estate activities in our community and answer any questions you may have. I look forward to working with you!
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