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Prime Rateprime rate may also be referred to as 'sub-prime', 'complex prime' and 'credit impaired'. Our database enables mortgage brokers nationwide to access your best loan programs. So, whether you're a sub prime lender, or you just have one or two niches, contact us today. With over 3,000 subscribing mortgage brokers, it is the essential method for promoting your innovative loan programs FREE of cost. Placing your products is fast, easy, and free!. In addition to our vast source of prime rate, we offer mortgage broker leads, a variety of hard money lenders, and the Internet's largest library of commercial lenders. If you have a less-than-perfect credit record, if your requirements are out of the ordinary or if you are self-employed you may fall into this category. But once you have been with a non-standard sub prime lender for three years, as long as you keep up your mortgage payments you will have established a new history and can return to the mainstream market with a new deal at a lower rate. If you have never had a bank account or if you have lived at lots of different addresses some lenders will not want you as a customer. prime rate can cover a range of different borrower types. As non-standard sub prime mortgage borrowers are considered a higher risk than standard, the rates charged on non-standard sub prime mortgages will be somewhat higher than mainstream rates.
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