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Loan Modification

: Mortgage Lender Implode-o-Meter

Huge Gap in Mortgage Availability: 1/3 of Americans Highly Unlikely to Qualify for a Mortgage Today, While Less Than Half Qualify for the Best Rates

By Implode-Explode Heavy Industries

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" Nearly one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, making homeownership out of reach for many. This is according to an analysis of more than 25,000 loan quotes and purchase requests on Zillow Mortgage Marketplace during the first half of September."

Full post as published by Mortgage Lender Implode-o-Meter on September 27, 2010 (boomark / email).

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