It's Now Easier to Get a Mortgage

Real Estate

Two major lending changes mean it's suddenly easier to get a mortgage


-The nation's three major credit rating agencies, Equifax, TransUnion and Experian, will drop tax liens and civil judgments from some consumers' profiles if the information isn't complete.
-Mortgage giants Fannie Mae and Freddie Mac are allowing borrowers to have higher levels of debt and still qualify for a home loan.
-These changes come at a time when lenders are competing for a shrinking market of borrowers.

Click below to see the full CNBC article:

http://www.cnbc.com/2017/07/05/two-major-lending-changes-mean-its-suddenly-easier-to-get-a-mortgage.html

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