Trouble Getting a Mortgage – You Are Not Alone
I constantly hear from both Sellers and Buyers that getting a mortgage is very difficult today, and it’s nearly impossible to obtain a home loan in a reasonable amount of time. This is a problem that affects not only the homebuyers seeking the loan, but also the seller. If the financing does not come [...]
Seller Financing Solves Problem for 1/3 of Americans Unable to Qualify for a Mortgage
According to this report from Zillow’s Mortgage Marketplace — SEATTLE, Sept. 27 :
Nearly one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, making homeownership out of reach for many. This is according to an analysis of more than 25,000 loan quotes and purchase requests [...]