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'Credit invisible' blacks, Latinos

on Jun 1, 2015 in Stated Income Loans | Comments Off on 'Credit invisible' blacks, Latinos

'Credit invisible' blacks, Latinos Whether applying for a credit card, auto loan or a mortgage, bad credit histories make future credit and borrowing more expensive. But according to a new report by the … Beyond race and ethnicity, the affected consumers often live in low-income … If you would like more informaiton please visit here… The Mortgage Professor: Why small home mortgage loans are hard to find The core problem is that the high cost of originating and servicing a mortgage loan is no smaller for a small loan than for a large one, but the dollar amounts of interest and origination fees received by the lender are smaller on small loans. The … If you would like more informaiton please visit here… Will Iran's new mortgage plan stimulate housing market? First-time buyers are given not more than 12 years to repay the 14% mortgage loan. With the minimum wage per month standing at 7 million rials ($ 215), critics wonder how it would be possible for Tehran-based low- and middle-income households to afford … More informaiton please visit here… 'Credit invisible' blacks,...

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