Could the cost of utilities become a factor in qualifing for your mortgage? How do you think this will inpact qualifying borrowers?
What is happening today in mortgage lending: Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: http://www.ultimatelyhome.blogspot.com/ or http://www.getutahhomeloans.com/
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Many people are still having difficulty qualifying for home loans or can't afford larger down payments required by banks.
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Utilities are out of control from cable to electric to water.
However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan.
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