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    Houston sub prime mortgage loans are about a third of all Houston metro loans. These are loans that don’t qualify for prime mortgages because of credit problems or limited credit history. Sub prime loans have higher finance rates to compensate the lender for an increased risk.

    The leading lenders in the subprime m

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    The leading lenders in the subprime market include Countrywide, New Century, Option One, Fremont, Washington Mutual, and First Franklin. Some brokers that do these mortgages have agreements to originate loans with a variety of finance sources. An advantage of using a broker is that multiple l

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