Getting a home mortgage

When getting a home mortgage loan for the very first time, the adventure can be quite rocky and even disappointing especially during these times of tightening credit and tougher scrutiny of the borrower. Easy credit for home borrowing was as plentiful as rain in Seattle and people bought houses often times way beyond their means, but the prospect of instant high profits were too much for lenders to ignore. Now subprime loans have caught up with many lending entities and the door has been slammed in the faces of many wishing to have a piece of the American dream, home ownership. Knowing what is facing a person before leaving their apartment or parent's home and buying that first house is very important in the battle against discouragement or even disillusionment.