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Subprime mortgage are home mortgage loans to consumer with poor credit histories. This category includes customers with late payments,
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If you are new to the country of for some other reason was shut out of financing for a while,
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Subprime mortgages are designed to accommodate high risk clients. In the real estate financing industry high risk always comes with high interest rates. It is not unusual for a subprime loan to carry rates that are three points or more above the national average. In addition, the loan amounts tend to be a bit smaller.

How do you know if you are a candidate for a sub prime home mortgage,
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On other hand,
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