Tuesday, August 16, 2011

How do you know whether the bank cles your home loan as a "subprime" loan?

My loan is fixed rate, my monthly payment is fairly low, and I put down a large downpayment. But it was my first home, and I find myself wondering if I had a "bad risk" loan or a normal home loan, after hearing constant talk about "the subprime lending debacle". Any info you can offer will be appreciated.

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