Today the iPad 2 is out, some rates are down, and Mike attempts to share his underwriting “Tip of the Day” five times fast while he discusses underwriting processes and the issue of seasoning down payment funds (and closing costs) in your bank account. Here’s more…

(Watch it on your mobile phone or email reader here) To ask a question, get Mike’s advice, or find out what your lender is making off your loan, just post a comment with your question.

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