The media as usual has jumped on the negative bandwagon about the situation of housing and the mortgage industry nationwide. Despite what you may read, ordinary folks are still getting loans and funding these loans at historically low interest rates day in and day out. It is the small minority of no-income verification and bad-credit loans that are no longer available. So chances are, if you can really afford to make the full payment on a mortgage based on your real income, you’ll still qualify and have no problems.
