Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...

She is a library professional, transcriptionist, editor, and fact-checker. A subprime mortgage is one that’s normally issued to borrowers with low credit ratings. A prime conventional mortgage ...

A subprime mortgage is a type of mortgage for borrowers with low credit scores. Subprime mortgages come with higher interest rates and fees, reflecting greater risk to lenders. Alternatives to a ...

A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in place to protect subprime borrowers from many of the risks ...

Learn what a subprime mortgage is, its significance, eligibility criteria, risks, and potential benefits for borrowers with less-than-perfect credit histories. Business Insider logo Personal Finance ...

And there's a very good reason why. Subprime mortgage were one of the main drivers that led to the Great Recession. But they seem to be making a comeback with a new name—nonprime mortgages.

Investors were on the lookout for new, post-technology bubble investment opportunities, which they found in the form of loans to high-risk homebuyers, known as subprime mortgages. During this ...

those in the market for a home loan can get personalized rates using a mortgage broker like Credible without affecting their credit score. Put simply, having a subprime credit score can affect ...

And Countrywide is there. And [Countrywide CEO Angelo] Mozilo was there. Other bankers are there from Citigroup. What happened? Well, oftentimes what would happen at these meetings is the ...

That crash — which we all know now as the subprime mortgage crisis — was preceded by an about-face in how borrowers qualified for loans. Before the early 2000s, getting a mortgage required ...

However, this does not influence our evaluations. Our opinions are our own. A subprime mortgage — also referred to as a “bad credit mortgage” or an “alternative mortgage” — is a ...

With subprime credit, you may have fewer options for credit cards, mortgages and auto loans. Here's more about subprime credit, including how subprime borrowers can access it, and how to improve a ...