I've been cruising around on this website last couple weeks and it's awesome. So much great information I wish I had read in 2004. But I've also read at least 20 times how life is over after you get 10 loans and people are planning for it like a funeral. Life is not over people. You can still get loans, it's not even that hard. You just can't get loans that will eventually be purchase by Fannie/Freddie. This means no subsidized products. All the lovely Fannie guidelines for better or worse are gone. This usually means bigger down payments, and possibly pre payment penalties and higher rates. But they can actually be competitive especially on the 3/1 and 5/1 programs. By the time you have 10 though it really won't be that big of a deal. I was a little worried but honestly the loans I am getting now are even better given my current situation.