Getting a Mortgage After a Major Economic Event
Filed under: Qualifying for a Mortgage Loan
In the past 6-7 years, many Americans have faced economic turmoil in the form of job loss, bankruptcy, and foreclosure.
Luckily, rules for obtaining a new mortgage in the wake of one of these events have eased slightly and many families who previously were unable to qualify for a loan are now back in the “buying game”.
My video today provides some insight regarding new rules and guidelines and should assist anyone looking to purchase a home now who has been through economic distress in the not so distant past.