Subprime borrowers are consumers with a credit score of 620 or below. According to data from Equifax National Consumer Credit Trends Report, first mortgage originations for subprime borrowers showed steady growth in the first three quarters of 2015.
Subprime borrowers are consumers with a credit score of 620 or below. According to data from Equifax National Consumer Credit Trends Report, first mortgage originations for subprime borrowers showed steady growth in the first three quarters of 2015.