Subprime Mortgage Renewal Risk
June 22, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Subprime mortgages are meant to be short-term financing solutions for borrowers who have hit a rough patch. When you get a subprime (aka,“B”) mortgage, the idea is to choose a term that’s just long enough to rehabilitate your credit (or fix the problem that makes you a high risk borrower). Thereafter, you can refinance into […]
