Don't Put Your Loan In Danger, Call The Loan Arranger!
Denver, Colorado (PRWEB) December 17, 2014
Previously, tight lending requirement kept many prospective home buyers out of the real estate market for several years. Going forward, however, it should be easier for borrowers to qualify for a mortgage and have their mortgage application processed faster.
According to an article published on Yahoo Finance on December 1, 2014 entitled Getting a Mortgage is About to Get Easier,"Borrowers may see changes in the lending process within weeks. That may include a quicker turnaround time for mortgage applications."
Additionally, the article also states, "Demand for loans and the credit worthiness of borrowers have also forced banks to pull back on lending. Tight credit has been blamed for slowing the housing recovery. But banks are expected now to relax some of their credit requirements and give prospective borrowers more consideration, particularly those whose credit score took a hit because of one-off events, like loss of a job or a single large medical bill."
"This is great news for people who have basically been shut out of the real estate market because they have a less-than-perfect credit score or a down payment of only three or five percent. With the ease in lending requirements, it will be possible for many prospective home buyers to qualify for a mortgage while interest rates are still at an incredibly low level." - Jason M. Ruedy, The Home Loan Arranger
Mr. Ruedy is encouraged by the new lending guidelines because he believes it will help the real estate market continue to recover. As stated in the abovementioned article, "Tight credit has been blamed for slowing the housing recovery." Therefore, Mr. Ruedy believes that the revised guidelines should be a big positive for the real estate market as a whole.
"Now is the time for anyone who was previously denied a mortgage to try again. The combination of the new mortgage guidelines and low interest rates equates to an excellent opportunity for potential home buyers to finally purchase a home." - Jason M. Ruedy, The Home Loan Arranger
About The Home Loan Arranger:
Mr. Jason M. Ruedy, also known as The Home Loan Arranger, has 20+ years of experience in the mortgage business. His company was built around the crucial principles of hard work, discipline, and determination. The Home Loan Arranger evaluates client applications quickly and efficiently and structures loans with the best possible terms. Mr. Ruedy is successful in achieving loan closings for clients while meeting their highest expectations. Jason M. Ruedy is ranked #2 in the state of Colorado by Scotsman Guide, which is the top leading resource for mortgage originators.
For media inquiries, please contact Mr. Jason M. Ruedy, "The Home Loan Arranger":
The Home Loan Arranger
512 Cook St #100
Denver, CO USA
Phone: (303) 862-4742
Toll Free: (877) 938-7501