Archive for the ‘Subprime Mortgage’ Category

SubPrime Mortgage Lender

Posted on September 1st, 2010 by admin

A SubPrime Mortgage Lender is one who made loans to borrowers who did not qualify for loans from the usual lenders. The failure to get prime financing is primarily due to low credit scores. Because sub-prime lending is a risky business, the rate is higher than prime lenders. The lower the credit score the higher [...]

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