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Preapproved and ready to move? Not so fast ; The subprime mortgage crisis has forced skittish lenders to tighten rules for borrowersKytja Weir
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The client usually has neither the time nor traditional qualifications to obtain financing through traditional institutional lenders. Our lending programs were exclusively created to serve these home builders. With over 45,000 underwritten files and $2 billion in funded construction loans, our team is...
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Hard inquiries, however, can affect your credit score—adversely—for anywhere from a few months to two years. Hard inquiries can include applications for a new credit card, a mortgage,an auto loan, or some other form of new credit. The occasional hard inquiry is unlikely to have much of ...
Neither has stopped share prices of US mortgage lenders from regaining favour among investors. Rocket Company, owner of Quicken Loans, the country’s largest non-bank mortgage lender, is up 66 per cent since November. Rival UWM, the parent company of United Wholesale Mortgage, has gained 43 pe...