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Tag: financing

Articles tagged as Financing

Buying a Home in the Aftermath of the Sub-Prime Lending Shakeup

Posted on April 3, 2024 by Mitchel Boehner
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...

How Do I Know If I Can Buy A House?

Posted on November 5, 2021 by Mitchel Boehner
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...