Bad Credit Mortgage Loans - Are You Killing Your Chances Of Getting Approved?
by Carrie Reeder |
When you have poor credit, your list of lenders that will approve you for a home loan can shrink down very small. You want to make sure that you are doing everything in your power to keep your credit rating as high as you can.
Many peop .. |
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Getting 100% Mortgage Financing With a Bad Credit Score
by Carrie Reeder |
100% financing of a mortgage with bad credit can be almost as easy to get as if you have good credit. Subprime lenders are usually willing to offer full financing. In some cases, they will also wrap in the closing costs as part of the loan. You ha .. |
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Mortgage Loans After Bankruptcy - 3 Tips on Getting Approved
by Carrie Reeder |
Purchasing a home after a recent bankruptcy is not impossible. Although most lenders recommend that you wait at least 24 months before applying for a mortgage, there are ways to obtain a mortgage loan sooner. Lenders are generally willing to appro .. |
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Bankruptcy and Buying a Home - Can You Still Get Approved?
by Carrie Reeder |
Can you still get approved for a mortgage loan after a bankruptcy? The answer is yes. While a bankruptcy is a negative reflection of your credit worthiness, the key to re-establishing or improving credit history is obtaining new lines of credit af .. |
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Refinancing After Bankruptcy - Is Refinancing Your Home a Good Idea?
by Carrie Reeder |
Refinancing your home after a bankruptcy is similar to purchasing a new home. A refinance creates a new mortgage to replace the existing mortgage. Thus, you are required to complete loan applications and pay closing costs and other fees. Some beli .. |
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Glossary of Common Terms Used During the Mortgage Process
by Michael Challiner |
APR - This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calc .. |
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Home Mortgage Quote Problems? The Likely Culprit is Your Credit
by Paul Lerner |
Your credit has everything to do with home mortgage rates as lenders charge more points and higher interest charges to consumers with bad credit. Poor credit always implies greater risk, so lenders are entitled to be compensated for the risk they .. |
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Reasons to Refinance When Rates Are Moving Up
by Chuck Aikens |
Interest rates have enjoyed record lows during the last few years allowing many people to refinance and enjoy lower mortgage payments. Now, interest rates are moving in the other direction. The average 30 year fixed rate, according to mortgage gia .. |
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