The mortgage landscape has changed drastically over the last six years after the country learned its lesson the hard way. Back then, lenders were willing to provide Sacramento home loans even to those who could barely afford monthly payments.
Today, the mortgage industry doesn’t want to walk on tightropes anymore. Lenders are more circumspect with loan approvals and consequently conduct stricter checks regarding borrowers’ financial profiles. Such is the case with FHA loans involving homebuyers who have high loan-to-value (LTV) ratios.
http://ironpointmortgage.com/fha-home-loans-in-sacramento-chief-factors-borrowers-should-consider/
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