News


A note regarding our current market
April 1, 2020

4 major updates:

1. CrossCountry Mortgage is still offering JUMBO loans. Other lenders have suspended jumbo indefinitely or not able to offer at all.

2. While many lenders NOW require 700, 680, or 660 FICO scores, CrossCountry Mortgage is able to still offer FHA with as low as 580.

3. We are still offering quick turn-times. Our underwriting turn-times are 1.7 days and we are still closing loans as quick as 3 weeks.

4. We are still offer bond loans. HOWEVER we do have overlays on this product. Reach out to me and I will be happy to discuss with you. 

We will not leave the first-time homebuyers behind or the clients with credit issues.

Other lenders have been stricter with their guidelines if they do not sell directly to agency or they feel they need to add additional overlays. 

We have an amazing leader and leadership team who is fully committed to CrossCounty Mortgage, LLC being stronger and better than ever.

Although some of our physical offices are closed, we are all working from home remotely and we have not skipped a beat.

This too shall pass! In the meantime stay strong! As always, I am committed to serving you and look forward to helping you as mortgage needs arise.

Best,
Sam McMullen