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.

 


Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
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