Subprime mortgages in Utah
You’ve probably heard about subprime mortgages. But what are they and are they right for you? If your credit score hovers in the low-600 range, you’re considered a higher risk than borrowers with scores in the high 700s. High risk is really what defines you as a subprime borrower, but lenders are allowed to define the category in their own way. Subprime lenders cater to subprime borrowers and specialize in subprime loans. If you’re categorized as subprime, take time to find a reputable subprime lender; one that can answer your questions and put you at ease.
