Qualified home loans

Qualified home loans are available through thousands of lending institutions across the country. The consumer who is interested in purchasing a house in the near future should consider researching the available terms and qualifications, now on the market, for residential buyers. At this point in financial history, interest rates and specifications for qualifying for a qualified home loan have never been better. But the borrower must first determine what type of financing he is eligible for and how much he can borrow with what terms. Prequalification will help any borrower find what is available to him for first mortgages or for house repairs.