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Has Lending Changed Amid COVID-19?

Recently, there have been a few changes in the mortgage and lending world.

Have there been any lending changes due to the pandemic? First of all, yes, you can still attain a home loan. With mortgage rates at an all-time low, March and April actually produced record-breaking numbers in lending. However, the health crisis has certainly affected the mortgage industry. For example, people wanting to obtain a loan are currently facing stricter guidelines. To learn more about how lending has been impacted by the coronavirus, watch the short video above.

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