Contrary to popular belief, according to the Federal Reserve’s quarterly Senior Loan Officer Survey, it’s getting easier to get a Florida mortgage pre-approval .
Between July – September 2012, fewer than 6%of banks tightened mortgage guidelines — the fourth straight quarter that’s happened– and roughly 10% of banks actually loosened them. As the housing market improves and lender confidence increases, mortgage guidelines are expected to loosen more. 2013 may open lending to even more mortgage applicants...continued
READ MORE - Florida Mortgage Pre-Approval Guide | How to Get Approved for a Home
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