tax dollars: Subprime Changes the Lending Landscape
- 05/20/07 07:32 AM
Subprime Changes the Lending Landscape The effects of the subprime crisis are becoming clearer with each passing day. According to the Wall Street Journal, tightening guidelines and fewer available products are creating challenges for borrowers with credit issues. If you're thinking about taking on or refinancing a mortgage, your credit score will be crucial when it comes to obtaining the best loan program available. For homeowners with ARMs that are scheduled to reset anytime within the next 2 to 24 months, the challenges are even greater. With higher credit standards and tightening guidelines, you may not even qualify for a refinance if you … (0 comments)
Subprime Changes the Lending Landscape;)
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