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2. How to buy a house with bad credit - AOL

   www.aol.com/finance/buy-house-bad-credit...

   Key takeaways. You can get a mortgage with a credit score as low as 620, 580 or even 500, depending on the type of loan. Some mortgage lenders offer bad credit loans with more flexible qualifying ...

3. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Loan to value is a ratio of the loan amount to the value of the property. In addition, the combined loan to value (CLTV) is the sum of all liens against the property divided by the value. For example, if the home is valued at $200,000 and the first mortgage is $100,000 with second mortgage of $50,000, the LTV is 50% while the CLTV is 75%.

4. No income, no asset - Wikipedia

   en.wikipedia.org/wiki/No_Income,_No_Asset

   They were especially prominent during the United States housing bubble circa 2003-2007 but have gained wider notoriety due to the subprime mortgage crisis in July/August 2007 as a prime example of poor lending practices. [6] The term grew in usage during the 2008 financial crisis as the sub prime mortgage crisis was blamed on such loans.

5. What is an acceleration clause? And what triggers it? - AOL

   www.aol.com/finance/acceleration-clause-triggers...

   Unlike forbearance, loan modifications are permanent, so this strategy is best if you expect to experience ongoing hardship and need a major change to the terms of your mortgage.

6. How To Refinance a Mortgage With Bad Credit - AOL

   www.aol.com/refinance-mortgage-bad-credit...

   Refinancing your mortgage can be a smart financial move. Sometimes, it can lead to better mortgage loan terms and potentially reduce your monthly payments. For example, refinancing a home can help ...

7. Mortgage underwriting - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting

   To help the underwriter assess the quality of the loan, banks and lenders create guidelines and even computer models that analyze the various aspects of the mortgage and provide recommendations regarding the risks involved. However, it is always up to the underwriter to make the final decision on whether to approve or decline a loan.