If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.

A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.

There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.

	See All Tips In The "Financing Your Home" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Sonali Shastri Team
RE/MAX Accord
350 Montgomery St.
San Ramon, CA 94583
Phone: 925-699-9099
Fax: 925-551-3136
Email: Sonali@NUMBER1EXPERT.com

Whatever your real estate need in Pleasanton, Danville, Dublin, Livermore or surrounding areas: Buying - Selling - Relocating - Moving Here - Moving Away - Moving Closer To Work - Upsizing - Downsizing - Simplifying - Investing - More - I can help! __________________________________________________________________________________________________________

If You Have A Real Estate Need, I Can Help You With That! San Ramon, Danville, Pleasanton, Dublin, Livermore, Fremont
Buyer Search ~ Get: First ALERT All Homes For Sale EAST BAY AREA, CA
Seller Service ~ Free House Value Report, Area Market Trends, By Email

__________________________________________________________________________________________________________

__________________________________________________________________________________________________________

East Bay Area, CA Real Estate, San Ramon Homes. Danville Homes, Pleasanton Homes, Dublin Homes, Livermore Homes, Fremont Homes. Free Home Search: Buy Or Sell House, Home, Homes for Sale.

www.FineValleyHomes.com is brought to you by Sonali Shastri Team
NUMBER1EXPERT™ in real estate for Pleasanton, Danville and Dublin, California

Read Sonali Shastri Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge