HW: How can lenders best serve this population. Ramírez is a journalism graduate of University of Texas at Arlington. She previously covered hard issues such as homelessness and domestic violence.
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The index, calculated by the National Reverse Mortgage Lenders Association and the Arlington, Va.-based analytics firm RiskSpan, also reached a record high of 238.11 in the final three months of 2017.
This mortgage is a good way to avoid the standard 20% down payment, which is required by most private banks issuing loans. credit scores of 740 and higher will qualify for lenders’ best rates. Cleaning up your credit report before applying for a home loan can save thousands of dollars in interest.
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