The recent housing collapse has changed the home buying process significantly. Where once it was easy to attain credit, it has become more difficult again and a home’s value as an investment is more uncertain. Banks have gone back to a more traditional lending approach as a result of the collapse and now having good credit and a down payment is essential. Lenders are also focused on offering more traditional mortgage products such as 30- and 15-year mortgages versus the exotic ARMs offered a few years ago. Buying a home is still an American dream and it is important to understand the process, parties involved
and what is in your financial best interests when making this investment.
*Please note: This webinar is 60 minutes. Be prepared to participate for the duration of the webinar.