Posted by: Larry Stevens | October 1, 2014

The Dream Of Home-Ownership Is Again Within Reach!

Real Estate Finance Insights

America has been recovering from our deep recession for over five years. Gradually over that time, standards for home loans have loosened up, but unfortunately the media has failed to take notice because it does not make for impactful headlines when there are not difficulties to report.

Slowly but surely, lending standards have normalized so that one does not get a rubber stamp when they apply for a home loan, but they don’t have to walk on water either. The good news is that potential home buyers can now get a loan to purchase a home in a very attractive market in which rates are still low and home prices, for the most part, are lower than they were during the height of the real estate boom.

More reasonable underwriting standards for home loans are making the dream of home ownership a possibility for millions of more Americans. Many don’t realize these…

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