Unconventional mortgages — the likes of which were criticized for their role in the financial crisis — are making a comeback. These loans are aimed at buyers facing circumstances such as not being able to provide standard proofs of income, the Wall Street Journal reported. And they’re on the rise — even amid higher home prices and interest rates. Aryanna Hering, for example, didn’t have pay stubs or tax forms to validate her income. But […]
source https://therealdeal.com/2019/01/23/slippery-slope-unconventional-home-mortgages-are-on-the-rise/
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