A subprime loan application typically means that the borrower has less than optimal credit, but that does not mean that getting a loan is impossible. With the right steps, even people with less than perfect credit can get a mortgage loan today. Lenders are beginning to ease up on their tight restrictions in order to […]
How to Prepare for a Subprime Loan
The term subprime loan seems to be a phrase of the past, but it is slowly making its way back into the forefront of the mortgage industry today. The main difference is that you might not hear the word subprime; what you might hear instead is alternative documentation loan. It is the same thing essentially […]