They’re baaack! Subprime loans resurface

Printer-friendly version
July 01, 2014

Subprime loans are experiencing a resurgence in the housing market as potential homebuyers seek them out when traditional financing is not an option, the New York Times reports. Lending companies such as Athas Capital Group are offering the loans, which are targeted toward those with low credit scores, require a larger down payment, and carry a higher interest rate.

Read more

Comments on: "They’re baaack! Subprime loans resurface"

August 2017

This Month in Professional Builder

Features

Gehan Homes expansion into entry-level home building through...

Overlay Init