NewBuyer Blog

Bad Credit? Mortgage Loans are in Reach

Posted by NewBuyer on December 1, 2009 | No Comments

A positive look at bad credit mortgage loans. Topics include: accepting what is offered in terms of interest rate, working to improve your credit score and credit rating, exploring options with regards to short term loans and considering a secured loan. From the resource: “Bad credit mortgage loans are appealing for people who do not meet the standards set forth by banks or other lending companies that are necessary to qualify for prime rate mortgages. Bad credit mortgages allow a larger amount of people to purchase properties, consolidate debts, and erase poor credit history.”

Source: Loan.com

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How to Secure a Mortgage with Bad Credit

Posted by NewBuyer on November 24, 2009 | No Comments

A valuable look at how to secure a home mortgage with bad credit. Some steps to follow include: obtaining your credit report and credit score, improving your credit, shopping for a mortgage lender, finding a co-signer for your mortgage loan and asking someone else to apply for you.

From the resource: “If you apply now with not-so-perfect credit scores, you may find financing, just at a higher rate than you would like to pay. There are some things you can do now to help you get a mortgage and get a bargain home price in the process.”

Source: Fine-Tuned Finances

Read more about bad credit mortgages at Newbuyer.com