Thursday, October 13, 2011

You Can Still Get a Mortgage--It Just May Not Be Easy, or Cheap

I would like to share an article I found from CNBC back in the summer of 2007 in regards to the market back then and the changes all lenders where making. Like today this is going to be a period of adjustment for buyers and for us lenders; we are going to have to use other avenues to help our buyers who do not meet the stricter lending requirements. Such as educating the buyers and helping them to qualify for the stiffer lending requirements. Giving them credit counseling to improve their credit so they can qualify for a loan and going back to the basics when it comes to what loans will work for our buyers. Nothing has changed!  Please enjoy the article below.

You Can Still Get a Mortgage--It Just May Not Be Easy, or Cheap
Until a few months ago, it seemed that anyone who could fog up a mirror could get a mortgage._ Now, with a credit crisis roiling the industry, some consumers might think they have a better chance winning the lottery than finding a home loan. For more on this visit http://www.cnbc.com/id/20388273/from/ET/




Lewis Ivey Champion Realty Mortgage
711 Bestgate Rd Annapoils, Md 21401
Business:410-224-7134
Mobile:301-602-2536
Email: LewisIvey@.ChampionRealtyMortgage.com
Web Site: http://www.lewisivey.com/

The Annapolis MD Real Estate Specialist - With 25-Years Experience Selling Real Estate and Homes for Sale in Annapolis, Anne Arundel County, Eastern Shore and the Chesapeake Bay area of Maryland
Pat Ogle, Gary Orders and Jenn Morgan the AnnapolisHomes4You.com Team Knows Real Estate - Pat Ogle, Associate Broker is a Certified Residential Specialist and he sells Real Estate and Waterfront Homes in Annapolis Anne Arundel County the Eastern Shore and Maryland Pat Ogle is a Real Estate Agent with Champion Realty, Inc. 711 Bestgate Road Annapolis MD 21401 410-224-0600

Annapolis Real Estate and Relocation in Anne Arundel County, the Eastern Shore, and Surrounding Counties

TOP RESIDENTIAL REAL ESTATE AGENT:  LICENSED SINCE 1986
Pat Ogle, Associate Broker, Internet Marketing Specialist, REALTOR Certified Residential Specialist (CRS) Certified Internet Marketing Specialist (e-PRO) Graduate of the Realtor Institute (GRI) Certified Residential Investment Specialist (CRIS) Certified Historic Property Specialists (CHPS) Champion Certified Buyer Representative (CCBR) Member of the Champion Realty Hall of Fame Champion Realty Lifetime Achievement Award Awarded the Realty Alliance National Sales Award (2003,2004,2005,2006,2007,2008,2010) Awarded Best-of-the-Best by Champion Realty in Settled Real Estate Transaction Sales Life Time Member of the Distinguished Sales Achievement Club of the Anne Arundel County Board of Realtors (DSAC)
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