Archive for the tag "lenders"
Lenders Compete For Smaller Pool of Qualified Borrowers
As our previous article makes clear, mortgage lenders are holding potential borrowers to a much higher standard than they have in recent years. The days of reckless abandon when mortgage lenders were handing our loans to just about anyone with a pulse are clearly gone. With a smaller number of buyers that qualify for loans [...]
Posted: 6 August, 2012 in Mortgages.
Tags: borrowers, closing costs, competition, lenders
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Mortgage Rates Low But Loans Harder To Come By
With interest rates lower than they have been in years, many would-be home buyers are finding out that it’s often not easy to get into a new home with one of these new low-interest mortgages. The whole economic meltdown has lenders scrutinizing potential borrowers a lot more closely than in the past. I know from [...]
Posted: 27 September, 2011 in Mortgages.
Tags: FICO score, interest rates, lenders, mortgage rates, standards
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