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Subprime Mortgage Lenders - Differences Between Subprime And Other Lenders
By Team iBizExpert On February 15, 2022 03:55 AM
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Subprime mortgage lenders offer loans to people with bad credit or who need more risky loans. Conventional lenders look for loans and borrowers with low risks. Conventional lenders have better rates, but suprime companies have more flexible...
Sub-Prime Mortgage Loan - How Sub-Prime Loans Differ From Conventional Loans
By Team iBizExpert On February 15, 2022 02:17 AM
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Conventional mortgage loans are less flexible than sub-prime mortgage loans. Conventional loans have strict rules about loan amounts, terms, and PMI requirements. These rules are set by Freddie Mac and Fannie Mae. With subprime mortgages, if the...
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