The Minneapolis Star Tribune recently ran an article that answers some popular questions from folks who are looking into mortgages given the increasing worries about sub prime loans.
The questions are:
- Will I still be able to get a mortgage?
- Can I still get a no-down-payment loan?
- Should I be concerned if I currently have a subprime mortgage?
The gist of the answers hinges on the fact that if you have good or decent credit then you can still get a loan. If your credit is shaky or your loan is large you may have issues, but still there may yet be opportunities.
Read the whole article at the Minneapolis Star Tribune.