Jun 1, 2012

Just How Hard is it to get a Mortgage in 2012?

One of my clients recently applied for an asset based mortgage that would have had banks throwing themselves at his feet 5 years ago. After 3 different lenders responded to his request ....

His thoughts: " I haven't had this much rejection since I wandered into the the Tri Delt sorority house my freshman year in college."

The good news is he still bought the house - but with cash.

[where: 75230]

3 comments:

Unknown said...

Mortgage rates this 2012 had been continuously falling and many have seen this to be another fallback for the housing market, as some aspects of the property market is actually been seen to be improving. It may also affect Texas real estate license perspective of individuals in Texas.

Anonymous said...

Hey
I'm searching for good mortgage and loan calculator and found this website http://mlcalculator.org does anyone used it? just want to know if it calculating good,
Thanks

Anonymous said...

Hey
I'm searching for good mortgage and loan calculator and found this website http://mlcalculator.org does anyone used it? just want to know if it calculating good,
Thanks