Mortgage Loans Change in Economic Crisis

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With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today’s tough market? Watch this Expert Real Estate Tips segment to find out more about what mortgage lenders require.

This entry was posted by admin on September 5, 2010 at 8:17 am, and is filed under Loans and Mortgages. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

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#1 written by DrewDownsManagement 1 year ago

Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

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#2 written by mannyfeseha 1 year ago

thehelpfund.blogspot

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#3 written by Clarissa2424 1 year ago

How difficult would it be for a retiree to buy a different home in this market. Say, 800+ Credit Score, but no job?

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#4 written by SharMess 1 year ago

FYI I totaled up ALL the money I paid over the 18 years on a mortgage! I’m not including all the money I spent on maintainance (like the roof, the water heater, the forced air system, the landscaping, the garbage disposal, the sinks, the flooring, the carpeting, the garage door opener, the new fense, paint, wallpaper etc…..). If I had put this money in savings, I believe I’d have much more money!!
I’m glad I had my 3 houses, but I didn’t MAKE any money : (

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#5 written by SharMess 1 year ago

FYI I totaled up ALL the money I paid over the 18 years on a mortgage! I’m not including all the money I spent on maintainance (like the roof, the water heater, the forced air system, the landscaping, the garbage disposal, the sinks, the flooring, the carpeting, the garage door opener, the new fense, paint, wallpaper etc…..). If I had put this money in savings, I believe I’d have much more money!!
I’m glad I had my 3 houses, but I didn’t MAKE any money : (

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