mandatory 30% down payment coming soon

For those of you who don't know QRM is coming and it may not be able to be stopped and you can thank good old Dodd-Frank act for that. QRM says that as of 1/10/2014 that a borrower will have to have a 30% down payment and the debt ratio cannot exceed 43% while on some programs can go as high as 55% to get qualified. if this program comes it will mean much higher overall costs to the buyer. if you want to buy, now this is the time, so jump off the fence while you still have the chance. Call me now so we can discuss the many options that are still available before this happens. Michael Bivens 626 483-0201 check out this link http://thenationalrealestatepost.com/2013/10/29/the-push-to-fix-qm-heats-up/