stated income: Mail Bag Q&A: Stephen, my wife and I are looking at houses and our Realtor is telling us that it is getting much more difficult to qualify for a mortgage these days. Does this mean better credit scores or higher down payments are required? - 05/30/08 12:19 AM
Your Realtor is absolutely right. Qualifying for a mortgage has become more challenging in a number of ways:
•1)      Larger Down Payments Required - 100%,"No money down" financing deals are gone. You can still put 3% down using an FHA loan, but for the most part, conventional financing is a minimum … (0 comments)

 
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Stephen Katz

Atlanta, GA

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Katz Mortgage Team, a branch of VanDyk Mortgage Corporation

Address: 8735 Dunwoody Place, Suite 200, Atlanta, GA, 30350

Office Phone: (866) 742-8400

Cell Phone: (770) 552-1000

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