Difficulty to get loans now.... true? (mortgage, credit score, title)

[brokenboba]

I read on cnn and heard on the news that it is increasingly difficult to get a mortgage approved nowadays, especially w/ the big banks. This is even true with people with a 750 credit score. We just missed the bullet when we locked in 2 weeks ago and scored a pretty good deal (5.875 for 30yr) even w/ a credit score below 700.

I was wondering if it is true for people to get loans. Is it because of credit score? Is it because the big banks are scared?

[nicolem]

There is an active thread on this subject titled "Is this true?"

[brokenboba]

thanks nicolem.... i'll check it out... to see if it is true