Credit Scores and Reporting
Student loans are keeping more potential home buyers from qualifying for a mortgage.
Many potential buyers, including young professionals, can't get financing, are left out of the housing recovery, says the Obama administration.
Quite possibly, according to recent data released by mortgage industry solutions provider Ellie Mae.
These "boomerang buyers" could make up a large number of future home sales, considering that 4.8 million borrowers have lost their home to foreclosure since the housing crash.
Lending standards are tight everywhere, but in some states, the odds may be stacked against you even more.
The number of eligible home buyers who will have had a foreclosure on their record will reach 1.5 million by the first quarter of 2014.
Credit reports are used by lenders to judge mortgage applicants, yet a large number of Americans have errors on their report that could make them pay a higher fee.
Find out which states boast the highest median credit scores among mortgage applicants.
A group of housing advocates are pushing for a new type of subprime loan for applicants with lower incomes or bad credit, but some critics are calling the proposal a "stupid and crazy idea."