Posts Tagged ‘home buying process’

Gone are the days of "Stated Income" and "No Doc" mortgage loans. Subprime loans, Alt A loans and the exotic mortgages programs developed for borrower's with tarnished credit, or borrower's who couldn't document income and assets are extinct. We are now in a credit world that has gone 'Back to Basics'. How does this compare to a year ago, and how does a borrower determine ... Full story