21 December 2011
21 December 2011
Mortgage for self-employed with less than 20% down is getting harder to get
It looks like it’s going to be even more difficult for self-employed borrowers to get high-ratio mortgages (less than 20% down payment) next year. Actually, we’ve already seen some banks limiting such loans. Moreover, one of the few lenders still offering those mortgages said they will consider them only on a case-by-case approach in 2012… Read more |