Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Lowering down payment requirements would make home loans less affordable for borrowers with substantial debt.

An analysis conducted by RealtyTrac showed the debt consumers carry into the home buying process was a bigger obstacle to getting a mortgage that can be sold on the secondary market than coming up with the down payment.

Dig Deeper

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.