MORTGAGE LENDERS FOR BAD CREDIT
Given what occurred several years ago when mortgage lenders for bad credit hit the gas pedal and just
about sunk our nation’s economy in the process, you might think that every financial institution has
tightened its purse...
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MORTGAGE LENDERS FOR BAD CREDIT
Given what occurred several years ago when mortgage lenders for bad credit hit the gas pedal and just
about sunk our nation’s economy in the process, you might think that every financial institution has
tightened its purse strings and would not dare to lend money to anyone with bad credit, certainly not
enough money to buy a house.
That would be incorrect.
True, fewer lenders are out there waiting to finance homes for people with bad
credit, but some are still in the game, although the rules have changed.
There are not dozens of
mortgage loans to choose from anymore, but there are ways to buy a home even if your credit rating is
low.
Remember that as you pick through the mortgage lenders for bad credit, you will not get the same
terms as someone with good credit will.
Your interest rate will be higher, your down payment
requirement might be steeper, and you might even have stiffer fees and service charges.
If you are
prepared to s
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