Tag: Home Buying

Posted on 04/17/2020
Thinking of buying? Lenders just raised the bar on lending requirements for borrowers
The novel coronavirus found a new way to disrupt lives: starting this week, home buyers applying for a new mortgage with JP Morgan, the nation’s fourth largest mortgage lender, will need a credit score of at least 700 and will have to make a down payment equal to 20% of the home’s value. This is just one lender's...
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