A welcome chance to refinance

Lunsche, Sven
October 1993
U.S. News & World Report;10/25/93, Vol. 115 Issue 16, p68
Reports on two mortgage companies that are offering loans to homeowners who wish to refinance but have impaired credit. Admiral Mortgage Co. of Pasadena, Calif. and Arbor National Mortgage of Westbury, N.Y.; What information these lenders consider; What they are offering borrowers; Countrywide Mortgage Conduit (CMC) who are offering refinance loans to homeowners who have little or no equity; Breaks being offered to first-time buyers.


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