Borrowers whose credit scores fall below standards are finding it easier to access a home loan, as lenders are once again welcoming subprime markets.

Not since the financial crisis have lenders been willing to invest in buyers with questionable credit. According to reports, a number of private firms are becoming increasingly willing to accept alternative forms of documentation as proof of income.

According to the WSJ, the firms draw a distinction between what they’re doing now and what took place during the run-up to the subprime crisis. They’re requiring higher down payments than banks would, and seem to believe they’re lending to borrowers who pose less risk than those who defaulted in large numbers a few years ago.

Read more at the Huffington Post.


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