Alternatives to traditional financing
When the lender says no, look elsewhere
By Bernice Ross, Tuesday, June 30, 2009.Despite all the information in the press about a thaw in the availability of mortgages, many highly qualified borrowers are still having a difficult time obtaining financing. This is especially true if you own a more expensive home. What can you do when either you or your house is not a good fit for "traditional" financing?
Because of the tight credit market, a host of new alternatives to traditional financing are starting to emerge. If you are having trouble locating the right loan for your situation, here are just a few of the resources to consider:
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