Once and for all.....

[Anonymous]

Typical pendulum-swing reaction...first they give a mortgage to anyone who can fog a mirror, and then when that doesn't work they swing to the other extreme and require the credit rating of Satan with at least 20% down.

My advice to anyone looking to buy a home is to wait...this will settle out, probably to buyers' advantage.

[MidnightVoice]

If you CAN get a mortgage there sure are a lot of spare houses for sale!!  Trouble is, if you are looking to move and sell a house......

[Anonymous]

---

myhearts07 wrote:

I guess I am in the dog house.

---

no remember every lender follows its own requirements Also things are changing all the time. Banks do not want anymore repos. If you can take your time & keep looking for better rates.

[Anonymous]

---

myhearts07 wrote:

I guess I am in the dog house.

---

Well, heck, myhearts & happydays, I live on a boat

Message Edited by Anderson on 08-18-2007 02:34 PM

[Anonymous]

---

Anderson wrote:

---

myhearts07 wrote:

I guess I am in the dog house.

---

Well, heck, myhearts & happydays, I live on a boat

Message Edited by Anderson on 08-18-2007 02:34 PM

---

LMAO  I hope not in the south

[Anonymous]

---

HappyDays wrote:

---

Anderson wrote:

---

myhearts07 wrote:

I guess I am in the dog house.

---

Well, heck, myhearts & happydays, I live on a boat

Message Edited by Anderson on 08-18-2007 02:34 PM

---

LMAO  I hope not in the south

---

Floating here in a not-to-be-disclosed area of the Chesapeake Bay, but I could cut the dock lines and be gone tomorrow. 

[Anonymous]

---

Anderson wrote:

---

HappyDays wrote:

---

Anderson wrote:

---

myhearts07 wrote:

I guess I am in the dog house.

---

Well, heck, myhearts & happydays, I live on a boat

Message Edited by Anderson on 08-18-2007 02:34 PM

---

LMAO  I hope not in the south

---

Floating here in a not-to-be-disclosed area of the Chesapeake Bay, but I could cut the dock lines and be gone tomorrow. 

---

well If I were you I would sit tight! It could get a little rough going around Fl & into the gulf

[FretlessMayhem]

I got a mortgage through Wells Fargo with about a 580-600 FICO. It has an adjustable rate which I think is considered subprime, but the difference in the rate was negligible.