One of the lasting legacies of the economic collapse a decade ago is subprime.

After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays, as banks, finance companies, and unconventional lenders are less averse to risk and are willing to extend credit to consumers with low FICO scores and inadequate incomes. As the great Yogi Berra used to say, “It’s déjà vu all over again.”

If you have poor credit and an interest in a home that is above your pay grade, then have no fear!

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