BrokerageIndustry News

Navigating today’s mortgage market

Part 1 of 2: Loan approval tougher for prime borrowers, self-employed
Published on Jul 13, 2007

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by CareyBot

(This is Part 1 of a two-part series. Read Part 2, "Avoid these real estate deal killers.")

You have a buyer purchasing a high-quality new home with 20 percent down, excellent credit and fully documented income, including two years of documented tax returns -- it's a no-brainer on getting loan approval ...