By Marcie Geffner - HSH.com
If you're afraid to apply for a new mortgage, you're not alone.
A recent telephone survey of 1,005 U.S. adults conducted for loanDepot, an online mortgage company in Foothill Ranch, Calif., found 54 percent of people who said they'd like to buy a home within the next two years hadn't pursued their goal because they were afraid they wouldn't be able to get a mortgage.
Who feared the most?
For those who don’t own homes, many of whom are younger would-be first-time home buyers, 56 percent say they were held back by the fear they wouldn't qualify for a loan. A third of respondents who already own a home, but want to buy again within the next two years had the same fear of not qualifying.