jump to navigation

Clean Up Your Credit April 4, 2007

Posted by Jay Medina in Informative Articles and Free Reports.
trackback

Thanks to the recent subprime fallout, lenders are requiring much more than a pulse to give you a mortgage these days.

A year ago, many mortgage lenders were giving money away with their eyes closed. You didn’t need a down payment, lousy credit was not an issue, and you barely had to prove your income.

But that backfired — duh! — and surprise, surprise, the folks who had bad credit and no income weren’t able to make their mortgage payments after all. Shocking. So lenders have decided to pull in the reins a bit.

Does that mean you’re stuck?

Read the rest of the story: Clean Up Your Credit

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: