Real estate blog entries tagged with lenders by Portfolio Realty Solutions (PortfolioRS.com)

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Home : Blogs : Portfolio Realty Solutions : Portfolio Realty Blog : Tag "lenders"

lenders: 3 Important Tips When Applying for a Home Mortgage - 01/20/08 11:52 PM

The other day I received a call from a gentleman looking to refinance out of his 2-year adjustable rate home mortgage (2/28 ARM) that is now variable. These home loans are typically reserved for subprime borrowers due to a poor credit rating. Although this is not an ideal loan, he wasn’t in too bad of shape because he put a serious 20% down when he purchased the property. I couldn’t help but think that this guy took the 2-year ARM for a good reason (bad credit?). This wasn’t the case however. After running his credit and seeing that he had plenty … (0 comments)

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