Getting a Long Island NY Mortgage in 2014

If you’re planning to get a Long Island NY mortgage in 2014, you may find it harder. The reason? New rules have gone into effect this month. Mortgage lenders look at a host of factors when deciding whether or not to approve you for a mortgage. All lenders will be asking for even more information than ever before, as explained in this report…

Lending requirements for getting a Long Island NY mortgage will vary from lender to lender, but they’ve generally become more strict since the sub-prime mortgage lending crisis in 2008.

To stay on top of market changes and conditions that may affect getting a Long Island NY mortgage in 2014, check out our other articles by clicking on the Long Island NY Mortgage Info link to your right under Long Island NY Real Estate Categories.

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