Agent

Credit crunch tightens rules for appraisals

Many lenders wary of declining home values
Published on Nov 12, 2007

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by CareyBot

Lenders’ underwriters are scrutinizing all aspects of the mortgage process, not just the borrower’s creditworthiness. Even a borrower with a high credit score, a cash down payment and verifiable income can run into snags in the mortgage approval process today ...

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