Tag: financing

By now, I'm sure everyone has heard about the sub-prime lending shakeup.In the event you haven't heard, the sub-prime lending shakeup was the consequence of many lenders' policy of earning loans which were extremely aggressive rather than necessarily good investments and that caused those loans to get a high default rate, which includes caused investors to avoid purchasing the loans in the secondary market...

There are a large number of mortgage brokers today.Many of them provide a wide variety of home loans, while others concentrate on narrow niches.All of the lenders look at your mortgage application and could analyze:Your creditWork historyEmployment statusAssetsTax recordsBank statementsYou will get 100% financing even with no great credit.There are several loan programs for borrowers with fico scores of significantly less than 700...