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I keep sending very qualified buyers to lenders only to find out that unless their credit score is over 750 they will wind up paying 2 to 4 points. We bailed these people out to stimulate the economy. THEY ARE NOT DOING MUCH STIMULATING!! Many people have lost a great deal of their savings with the market dropping from 14,000 to 8,000 (by the way we bailed these people out too.) yet our lenders are demanding more upfront cash to buy a house. Something seems out of wack here.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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