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less-than-good-credit loans
for those with troubled credit
Loans that do not meet the credit requirements of Fannie Mae and Freddie Mac are referred to as B, C and D paper loans. Sub-prime lenders underwrite B, C and D loans.
These loans are temporary loans until the applicant can qualify for conforming "A" loans. The interest rate on B/C loans varies, but are generally higher than conforming "A" loans.
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More Loan Information
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