A subprime mortgage is exactly what it sounds like, a mortgage with less favorable terms than a mainstream mortgage.
Read MoreIf you’re smart and make wise decisions, you can use a subprime loan as a springboard to a conventional loan.
Read MoreWhile you’re not likely to hear lenders use the term “subprime loan” or “subprime mortgage” these days, you can still find loans that are most definitely subprime.
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