Home Loan Approval - It May Have Just Gotten Easier.

Home Loan Approval - It May Have Just Gotten Easier.

Some very qualified buyers have been consistently turned down for a mortgage loan in the past few years.  This seems to be a reaction to the "too easy" credit situation, which contributed to the housing market crash of 2008.



Without going overboard to cause similar chaos in the real estate market and the economy, as a whole, lender requirements are swinging back to a reasonable level - not too easy and not impossible to qualify.  The market is looking for just right.



Not all lenders are jumping in toward easing the lending standards, but many are beginning to see that more reasonable standards are necessary to a healthy housing market and for a strong economy.



So, if you have been waiting, you may want to consult with a real estate broker, who has good relationships with lenders, to see if you qualify to buy a home or an investment property.



Read related articles:

Mortgage Lenders Set to Relax Standards

Did Mortgages Just Get Easier to Obtain?

Mark Harbaugh, J.D. - Broker DRE #: 01245275 Office 619-246-2860 markonthemark@gmail.com HARBAUGH HOMES

Mark Harbaugh, J.D. has been a licensed REALTOR® in California since 1998.  He is a real estate Broker, holds a Bachelors Degree and a Law Degree.

Since 1998, Mark has been providing expert representation to buyers and sellers of homes, condos, multi-unit properties and multi-million dollar estates. 


His clients include friends - old and new - colleagues, professional football and basketball players, original founders of Fortune 500 companies and other high-profile personalities, who value their privacy and anonymity.  Mark has also consulted Nationally and Internationally with many interested in buying and selling real estate.