Mortgages for illegal immigrants getting more common
Tagged: population“Mortgages to illegal immigrants were rare in 1999 when he closed on a $144,000 home in Federal Way. But they’ve become more common as a still-small but growing number of brokers and lenders see potential in the nation’s burgeoning immigrant population ”” particularly Latinos.
That’s not to say the practice is widely accepted. Some lenders won’t touch these loans, in part because illegal immigration is so controversial an issue in this country. And in many cases, lenders who do make these loans charge higher interest rates.”
Source: More information in English / Mas informacíon en Ingles
Fuente Traducido: usando Google o Altavista/Babel Fish
Posted on:
November 16th, 2006
Fuente Traducido: usando Google o Altavista/Babel Fish
Curation from Tomás
Filed Under: 1. Hispanic News, Business
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