SETCO is hopping with excitement this Sring! According to a recent article in DSNews.com, 2012 will bring amend to the housing crisis due to large banks and lending institutions loosening credit conditions. While the required score to attain a mortgage loan is constant at 700, banks are now lending amounts up to 3.5 times borrower earnings. As well, banks are also loosening the loan-to-value ratios (LTV), in contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV. Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.” See full article. As always, SETCO is ready for you! Hoppy Spring!!