Affluent Black County Mired In Mortgage Mess

[Boodleboy322]

Originally Posted by DrPhil

To clarify, for customers who do not qualify for a particular size of mortgage loan.

To answer your question, mortgage lenders who know that lower introductory rates mean lower introductory payments. Therefore, homebuyers can qualify for a larger loan to fit the dream house that people are told not to let mortgage rates/bad credit/whatever keep them from.

That still doesn't provide a specific name. I'm asking for specific names of those lenders (i.e. Wells Fargo, Citi, Bank of America, XYZ Credit Union, etc).

[DrPhil]

Originally Posted by PiKA2001

Hey, I'm on vacation so I'm allowed. I also have to build up a tolerance to alcohol. I'm flying out west and touring Pinot Noir country this week!

I look forward to your thoughts on these topics.

Boodleboy322, I know this isn't your intent but this is not going to be a discussion (or debate) of what specific lenders are or are not purportedly doing. I will just generally say that homebuyers are going based on language used on different lenders' websites and conversations with the people who work for these lenders.