Mortgage Loans Change in Economic Crisis

Posted in: All Videos, First-time Buyers, Financing
By ExpertRealEstateTips
Oct 17, 2008 - 11:34:14 AM

With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today's tough market? Watch this Expert Real Estate Tips segment to find out more about what mortgage lenders require.