Unconventional Mortgage Loans Are Making a Comeback

by Pat Mertz Esswein, Associate Editor, Kiplinger's Personal Finance Oct 03, 2019 2 minutes

In 2018, the number of unconventional mortgages increased to the highest level since the mortgage meltdown in 2008. Unconventional mortgages include subprime loans, which are made to borrowers with blemished credit; loans made to borrowers without a Form W-2 or other standard documents; and other loans that don't meet

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