Preapproved and ready to move? Not so fast

The subprime mortgage crisis has forced skittish lenders to tighten rules for borrowers

Justin Moore (right), and Lenny Licari of B-Sure Home Inspection Inc. check out the fire escape on a Beacon Hill condo. Moore had to scramble to get a mortgage when his first loan fell through.

(Globe Staff / Mark Wilson) Justin Moore (right), and Lenny Licari of B-Sure Home Inspection Inc. check out the fire escape on a Beacon Hill condo. Moore had to scramble to get a mortgage when his first loan fell through.

By Kytja Weir

Globe Correspondent / December 30, 2007

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Justin Moore had done his research when he set out to buy a condo. The 25-year-old said it even seemed easy when he got preapproved for a loan, found the perfect condo in Beacon Hill this fall, and readied for his December move. (Full article: 1233 words)