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A blog from Mark Gores about Prior Lake real estate, news, and general musings.

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Is it Truly Difficult to Get a Mortgage Today?

It is absolutely true that mortgages were too easy to get a few years back and now it is also true that lenders have, in my opinion, gone way overboard in what they are verifying and documentation they are requesting.  It is not impossible to get a loan and the media seems to be playing up all the negative news regarding mortgages.  I ran across this information that I thought did a very good job of separating fact from fiction and thought it was worth sharing:

Mortgage Myths

Posted: Wednesday, March 16, 2011 11:14 AM by Mary Gores

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