home buyers: How Do You Get a Mortgage in the 3's?
- 06/29/12 10:22 PM
I know that you've heard mortgage rates are low, low, low. Yup, historic lows. On the flip side, lending is tight. So just how do you get a mortgage in the 3's?
Well, folks, I'm here to tell you that the NYTimes has asked this question and brought us some answers. Lenders have numerous layers they look at, before you can be qualified for a mortgage, or to even refinance at a lower rate. Here are a few important highlights for you to remember:
Income and Employment History. Make sure you have a steady income … (4 comments)
I know that you've heard mortgage rates are low, low, low. Yup, historic lows. On the flip side, lending is tight. So just how do you get a mortgage in the 3's?
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