INFOGRAPHIC: It's A Lot Harder To Lock In A Mortgage These Days

The past four years have seen a lot of changes as far as mortgages go.  But most of us haven’t had to deal with getting a mortgage both in the pre-2007 era and after.

It may be surprising to find out just how much the prime mortgage requirements have changed in only four years. Prior to 2007 if you had a credit score of just 620 you could get a loan for the full price of your home if you met the other conditions—now that needs to be a lot closer to 700. 

Take a look at the infographic below to get a better feel for exactly how much harder it is to get a mortgage today:

mortgage infographic

Photo: Movoto

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