JVM Lending is currently unable to accept new refinance applications because we have exceeded our loan volume capacity limit and are unable to process new refinance loans until our current pipeline is cleared.

We sincerely apologize for this inconvenience. However, we are still accepting new home purchase applications, as we still have capacity in our purchase division.

Posts

Rapid Re-Scores; We Can’t Charge Borrowers

RAPID RE-SCORES We often do a “rapid re-score” to repair a borrower’s credit for a variety of reasons: (1) to raise a borrower’s score above a minimum requirement, such as 700 for a HELOC or for Jumbo financing (more important than ever in this post-COVID lending environment); (2) to improve a borrower’s interest rate, as […]Read More

Great Housing Migration; Credit Repair More Necessary Than Ever

Chris Drayer, the founder of the Predictive Analytics company (Revaluate) we often recommend, wrote a great blog a few weeks ago called The Great Housing Migration. His point: People will likely be moving to the suburbs in droves once again – for many reasons. They can work remotely. COVID-19 has shown us all that working […]Read More

5 Key Credit Reminders & Misconceptions

#1 – Consumer credit scores are not the same as mortgage credit scores. Borrowers often share their credit scores with us, as if those scores are set in stone. Those scores, however, are often generated by online “consumer” oriented scoring models that are much less stringent than the scoring models mortgage lenders employ. As a […]Read More

Credit Repair and New Credit Score Guidelines

Almost all of our FHA Lenders now require a 640 Credit Score. And Conventional Lenders and MI Companies are also stricter with respect to credit scores nowadays. If someone’s score is 10 to 20 points below requirement, we can use our software to do a “re-score analysis” and then actually do what is called a […]Read More