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Get Loan Worksheet #11 - Nontraditional And Subprime Mortgage Loans

Nce, the market for these products and the number of institutions offering them has expanded rapidly. Nontraditional mortgage loan products are now offered by more lenders to a wider spectrum of borrowers who may not otherwise qualify for more traditional mortgage loans and may not fully understand the associated risks. Many of these nontraditional mortgage loans are underwritten with less stringent income and asset verification requirements ( reduced documentation ) and are increasingly com.

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