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Archive for April, 2014

FHA mortgage loans for lower score borrowers

April 9th, 2014 by

As the economy is strengthening and the economy is starting to get back on its feet, the mortgage industry is starting to loosen guidelines as there is money to lend, not as money homes on the market.  This is creating a need for investment money to be lent as there are not as many transactions in the market place.FHA loans are being allowed with lower credit (FICO) scores.  Scores under 579... [ Read More ]