The following are excellent links to websites about Subprime Mortgages Hud - U.S. Department of Housing and Urban Development - Typically, subprime loans are for persons with blemished or limited credit histories. The loans carry a higher rate of interest than prime loans to compensate for increased credit risk. The Federal Reserve Board - Subprime Mortgage Lending: Benefits, Costs, and Challenges AARP - Subprime Mortgage Lending and Older Borrowers Freddie Mac -What is Freddie Mac's position on subprime mortgages with prepayment penalties? San Francisco Federal Reserve Bank- Subprime Mortgage Lending and the Capital Markets
Full Spectrum Lending ERATE provides a debt consolidation calculator and additional information about Bad Credit Mortgages / Subprime Loans
Bad Credit Mortgages No Closing Cost Loan Subprime Mortgage Info for borrowers with bad credit Credit Score Information for Subprime Mortgage Credit Grade and Acronyms for Subprime Mortgage Negotiating Collection Items found on Credit Report for Subprime Mortgage Collection Information for Subprime Mortgage
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