Archive for May 10th, 2008

What happens when your mortgage is considered sub-prime?

Saturday, May 10th, 2008
marbogvht asked:

My girlfriend got a loan last year, that was 2 year interest only, for 98,000. She has a little under a year left until she can refinance. What should she expect when the 2 years are up if her credit stays the same, or improves slightly?

Question posted courtesy of: Bessie
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What is the current fuss over sub-prime loans?

Saturday, May 10th, 2008
Silent Kninja asked:

What are sub-prime loans, anyway? Any advice would be appreciated.

Question posted courtesy of: Francisco
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