FOUR CALIFORNIA CITIES RANK HARDEST TO GET A MORTGAGE


Source: CNBC
 
San Francisco, San Jose, Oakland, and Los Angeles rank at the bottom of the list of cities that are the easiest to get a mortgage, according to a report from the Urban Institute. 
Since the housing bust in 2007, lenders have gotten much choosier about whose mortgage applications they approve. Over the last few years, credit standards have loosened a bit, but it's still much harder to qualify than during the early-2000s boom years. Since the housing bust in 2007, lenders have gotten much choosier about whose mortgage applications they approve. Over the last few years, credit standards have loosened a bit, but it's still much harder to qualify than during the early-2000s boom years.
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- Sunil Sethi

SUNIL SETHI REAL ESTATE

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