Easier to get mortgage in 2018, new study says
Looser mortgage qualifying guidelines by Fannie Mae and Freddie Mac over the past few years are beginning to have an impact on mortgage loan applications this year. An analysis published this month by Core Logic of conventional conforming loans for home purchases found that more loans are being approved for slightly riskier borrowers. Unlike in the early 2000s, borrowers must provide full documentation of their income and ability to repay the loan.
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