 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate: Tom Kelly
The Real Estate Adviser |
Subscriber content preview
February 26, 2009
Tom Kelly: ‘Qualified' buyer? Better be ‘perfect' to get a loan
Maybe it's just the point in our lives, but it seems that the availability of home mortgage money mirrors that of college tuition: there are some terrific programs for the needy, the wealthy always find a way, but those in the huge middle category often have few options.
Some long-time homeowners and perfectly qualified “new generation” buyers who have been on the sidelines are having extreme difficulty in getting financing or refinancing their present loan. The pendulum has now swung from “no loan ever rejected” to “no loan good enough for funding.”
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- The Real Estate Adviser: Exploring financial options for seniors, 02-19-2009
- The Real Estate Adviser: Stimulus has little help for homeless, 02-12-2009
- The Real Estate Adviser: Where are the country's low risk home markets?, 02-05-2009
- The Real Estate Adviser: Is this the year the kids buy you out?, 01-29-2009
- The Real Estate Adviser: One man's solution to foreclosure mess, 01-22-2009
- The Real Estate Adviser: Foreclosed homes threaten neighbors, 01-15-2009
- The Real Estate Adviser: A new house still needs maintenance, 01-08-2009
- Real Estate Adviser: Seller financing is 'in' for 2009 home sales, 01-02-2009