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If Mortgage Rates Can Fall Through the “floor” of the Prime Rate…what Else is Under the Floor?

Posted on 13. Aug, 2010 by admin.

If Mortgage Rates Can Fall Through the “floor” of the Prime Rate…what Else is Under the Floor?
“Lower than prime,” you heard someone say. Like most Canadians, you were probably first skeptical and then confused. We tend to think of the prime lending rate as the invisible “floor” of lending rates. The very best customers can [...]

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Prime Mortgage Lending Named one of North Carolinas Top Small Businesses

Posted on 06. Jul, 2010 by admin.

Prime Mortgage Lending Named one of North Carolinas Top Small Businesses
(Apex, NC) July 6, 2010 – Prime Mortgage Lending, Inc., a mortgage lending institution providing high quality financial service, has been recognized as one of the Top 100 Small Businesses in North Carolina for 2010 by Business Leader magazine.
Read more on dBusinessNews.com

Mortgage rates scream buy, [...]

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Prime Mortgage Lending Named one of North Carolinas Top Small Businesses

Posted on 06. Jul, 2010 by admin.

Prime Mortgage Lending Named one of North Carolinas Top Small Businesses
(Apex, NC) July 6, 2010 – Prime Mortgage Lending, Inc., a mortgage lending institution providing high quality financial service, has been recognized as one of the Top 100 Small Businesses in North Carolina for 2010 by Business Leader magazine.
Read more on dBusinessNews.com

Mortgage rates scream buy, [...]

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Sub Prime Loan Modification

Posted on 21. Jun, 2010 by admin.

Sub Prime Loan Modification
Sub-prime lending is a type of credit given to homeowners who do not meet the criteria for regular (“prime”) loans. A typical sub-prime borrower has a poor or limited credit history and a FICO score of less than 620. These factors make them a risky investment for regular lenders, which keeps them [...]

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