« Tips for Comparing Mortgage Rate & Equity Loan | Main | Mortgage Refinancing: Home Appraisal »
August 05, 2006
Are Non Conforming Mortgage Loans Prime or Subprime Home
In today's credit driven society, the dream of homeownership has become a reality for many consumers throughout the 50 states. For the most part, homeownership has been positive for individuals and families experiencing the sense of pride from owning a home and making a mortgage payment monthly. An non-conforming loan program is definitely a good choice for some homeowners and can be wrong for others. Negative Amortization loans, jumbo home mortgages with interest only payments would both be considered examples of non conforming loans. They don't follow the Freddie Mac or Fannie Mae guidelines that lenders consider when offering conventional
From Are Non Conforming Mortgage Loans Prime or Subprime Home
Posted by Murray at August 5, 2006 09:17 AM
