Wednesday, January 11, 2012

 These days getting a mortgage loan is not like it was just a few years ago. Sub prime loans are mostly out.
 Sub prime loans are loans with people that have lower credit scores. If you want to find out about how to get  low rates and a low house payment on a mortgage loan on your home purchase now and find out  if you are going to be approved for a home loan If you have a lower credit score you may still be able to get a loan or take time to increase your credit score. I have worked for some mortgage companies in the past and got my mortgage loan officer lic. a few years ago. Stay tuned for more coming soon. Mean while read on do not loose hope. Read the comments from fellow readers and come back soon for more on " How mortgage loans changed in the past few years". If you are looking for a home loan then find out how.

3 comments:

Buying a home.

Buying a home is a real experience,

be careful. Make sure you choose a home you

like, and a home with some things in it that

you have always wanted.Tax breaks, ( ? ) Read

them good. Read the fine print on any loan offer and

ARM loans, Theses days getting a mortgage

loan is not like it was just a few years ago.

Sub prime loans are mostly out. I would stay away from variable interest

rate mortgage loans because they may go up on

you. I Worked for a well known 8 th largest

lender in the U.S. during part of the

mortgage refinance boom around 2002 and 2003

and they started to focused on selling

variable interest rate mortgage loans around

2003 or 2004 which seemed more affordable at

first with some cash out, it looked good to

the customer in the short term.