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Sold Within Three Weeks
“His marketing of the inside of our home was the selling point.”
The Doughertys - Whiteland IN
You Went Way Beyond
“…we will always recommend you to all of our family and friends!”
Matt & Kim Hartley
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Financing Your Home >Lenders Want to Say Yes
If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.
A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.
There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.
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| Q |
Where is the world's oldest pyramid?
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| A |
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons. |
See More Real Estate Trivia > |
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The Harbert Group REALTY WORLD-Harbert Company, Inc. 450 South State Road 135, Suite B Greenwood, IN 46142 317-885-8858 Fax: 317-889-8858 indy-properties@NUMBER1EXPERT.com
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