FHA-Backed Loans Make Sense; it’s Congresses’ Whims that are Nonsensical

  • FHA-Backed Loans Make Sense; It’s Congress’ Whims that are Nonsensical

    Does your credit score fall below the 640 to 650 range? If so, good luck getting a home mortgage or refinance through traditional lending channels. Since the housing market crashed in 2008, lenders have tightened their belts and turned away borrowers who have less-than-perfect credit scores or low downpayments. Luckily for you, if you’re looking to buy or refi, the local bank isn’t your last resort for a home loan. Read

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Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

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