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| Community Property | Right of Rescission | Attorney State | Maximum Number of Points | Table Funding | Individual Loan Officer Licensing | Physical Location Required | | No | Yes | No * | | | | No | | Flipping Allowed | Negative Amortization Loans Allowed | Prepayment Penalty Maximums | Maximum Debt to Income | Stated Income Loans Allowed | Wet State | | | No | Yes | | Common Sense, Vertification Required | | | | * Title companies, real estate agents, lenders and attorneys may conduct closings. Bankapedia’s Take:
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