Question:
“I’ve heard conflicting stories about how easy or hard it is to get a home loan. What’s your take on it?”
Answer:
There are two competing forces impacting people’s ability to get a home loan.
On the plus side, today’s ridiculously low mortgage rates and resulting low payments make it much easier to qualify for a mortgage.
On the other hand, the overly tight lending policies make it harder to get a loan.
But overall, if you have good credit, income, and job history, you can get a great mortgage.
