Mortgage Qualifications: Mortgage Broker

Because of the recent foreclosure crisis, new credit standards for first-time home buyers (any home buyer really) have been put into place. Depending on which side of the fence you're on, it's either a good thing, or a hindrance to buying a home. This article will discuss FICO scores and Mortgage qualifications . Following is a look back at what credit scores used to have to be to qualify for a mortgage, and what they need to be now. Read more [...]