Borrowers Beware: Stricter Loan Requirements in 2009

Ah, credit. The nation’s widespread adoption of it has allowed several generations of Americans to spend beyond their means, ... pay more for it. You’ll also need to keep an eye on your overall debt ratio if you’re in the market ... debt ratio at or below 45 percent of their pre-tax income. If you plan to apply for an FHA loan [more...]

Date: 2009-01-13 13:27:55

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