Mortgage Lending in the New Age

A lot has changed with housing loans and most new home buyers will find that the process is tedious and filled with more paperwork and background checks than ever before.  Remember the days when fair credit could get you a home?  Those days are over.  If your credit is considered fair, then you might as well look at it as poor credit.  Good credit has now become fair credit and mortgage lenders are holding onto their money tighter than ever.

Getting a house may now be the hardest thing you can do.  Without the right credit scores and financial history, you may have to find consignors or wait until you can pay cash for a home.

It’s tough out there, but we hope that the information that we provide on this site can help you in achieving that dream.

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  1. Moniker James says:

    Thank you for this information. I thought I was the only one having a hard time getting a home, but it looks like I’m not the only one in this boat!

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