Dallas, TX, October 29, 2015 --(PR.com
)-- Home Loans For All, the Dallas-based home loan and real estate specialist, has now implemented their massive database of mortgage lenders that consumers can now compare mortgage rates with. This includes bad credit mortgage lenders. Research and development for the project has been underway since last year, and as of just a few weeks ago is now complete. Additionally, they have also brought on a service that will also connect you to a Realtor in your area that will assist in finding you the perfect home. This is a free service for the consumer.
It Is Still A Buyers Market
Despite a slight raise in mortgage interest rates, Home Loans For All says that it is still a buyers market in the national housing sector. No matter if it's an FHA loan, a VA loan or even a HUD Home through the HUDHomestore, it's still the right time to buy. And although real estate values have continued to climb, they are far from a peak, according to confirmed statistics. What has peaked, however, is the advantageous credit conditions, especially for those dealing with less than perfect credit. Home Loans For All points out that down payments are now as low as 3% for a Fannie Mae conventional home loan. Lenders are now making exceptions for borrowers with FICO scores under 580, with certain conditions attached.
The New Way To Shop For A Mortgage Lender
Home Loans For All has been connected with all the major specialty loan outlets as well as traditional mortgage outlets, and they have assimilated all of the relevant guidelines for home buyers with dings on their credit. As the home market continues to recover and accelerate, many homes that were previously in foreclosure or had been moved aside are now being ushered back onto the market by banks who want to clear inventory. The process had initially served as a dampening effect on the market. This was the case in the last housing bubble of 2007 where inventory was slim, and credit dried up just as housing prices were at a pinnacle. “What we're seeing is that many lenders, government-back and traditional, are more willing to offer a second chance,” says Noah Freeman, spokesman for HLFA. “That’s having a very positive impact for home buyers who initially thought they couldn't qualify.” Mr. Freeman says that now is the best time to contact Home Loans For All in order to compare rates and even apply online. Home Loans For All matches you with the right lenders and Realtors online at http://www.homeloansforall.com.
Please visit Home Loans For All at https://www.homeloansforall.com
Check out this video explaining exactly how Home Loans For All can help you: http://www.youtube.com/watch?v=ns3U9MLMz8U