Mortgage Hunting
Here’s how sought-after home buyers can capitalize on the crunch. NO LARGE DOWN payment? Lenders are regularly making loans for up to 97 percent of a home’s value, and will go further for strong earners willing to pony up $20 or $30 a month in extra mortgage insurance. North American Mortgage Co. offers Californians “Generation Link,” a loan that allows them to borrow up to 100 percent of a home’s value if they can talk a relative into guaranteeing 10 percent of it....