Mary Renter has been contemplating purchasing a home for many years. Now, more then ever, she does not think her dreams will come true. Mary, like most people in her situation, are concerned about the hundreds of National, Regional, and Local Mortgage Lenders and Brokers that have closed down. She is concerned that the secondary market has forced the remaining mortgage companies to tighten their credit requirements: Lower Loan To Value - Greater Down PaymentHigher Credit ScoresStated Income Loans are more difficult to get - some states they have been outlawedSpecialty Niche Programs have disappearedMary Renter just does not know what to do. Many people like Mary just do not realize how powerful both the FHA and the USDA Mortgage Programs are. Highlights of the USDA Mortgage: Permits 100...
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