We got an e-mail yesterday and many of the types of loans that we are all accustomed to seeing are no longer as easy to get. There appears to be limited 100% loans and especially for those with borderline credit scores. If you have excellent credit and have some money to put down, you should be OK.
Just don't expect (1) no money down, (2) 90-100% loan AND a great interest rate. You can probably get ONE or TWO, but not all three of these.
It's still and EXCELLENT time to buy. Check with Coldwell Banker or another reputable lender and check on what kind of loan that you can get.
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