Posts Tagged ‘Real Estate Market’

What Mortgage Lenders Require of Borrowers in a Declining Market

ExpertRealEstateTips asked: Qualifying for mortgage loans has changed completely over the last year. In a declining market, what do mortgage lenders require? Listen to what one southern California expert says about appraisals, mortgage loans and today’s real estate market in this Expert Real Estate Tips segment.Laura

Mortgage Loans Change in Economic Crisis

ExpertRealEstateTips asked: With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today’s tough [...]