Getting a Mortgage is Way To Easy According to This Blogger
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Another F@cked Borrower is a mortgage broker telling the dirty secrets of the current mortgage industry. I have always been under the impression that a mortgage was the toughest loan that one could get, but reading his site has shown me that this may not be the case anymore. Go over and take a look at his site, he has done a very good job with it, especially since he has moved off of blogger.com.
As long as a borrower has a good FICO score, they can pretty much buy whatever they want. With the No Doc loan, they don’t even verify where your downpayment comes from. I imagine if you can verify that you have made a big rent payment for the past year, you can qualify for anything. via the housingbubblecasualty.com.


Comment by Robert Coté on 14 February 2006:
If you “have always been under the impression that a mortgage was the toughest loan that one could get” then you have no business writing a real estate blog. Where have you been for the last 8-10 years?
Pingback by Blogs that mention the phrase “Mortgage” » Blog Archive » Article from The Real Estate Bloggers - Getting a Mortgage is Way To Easy According to This Blogger on 15 February 2006:
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