Poor Credit Mortgage, bad credit mortgage.#Bad #credit #mortgage


Poor Credit Mortgage

If you have had financial troubles in the past, and you have a poor credit rating it does not necessarily mean a mortgage for a new home is out of reach. Maybe you went through a bad divorce, or your small business failed resulting in bankruptcy. Maybe you lost your job and defaulted on loans. Regardless of the circumstances there is still hope and talking to a mortgage broker can help you chart a course to a new home through a new mortgage giving you and your family a new future. Mortgage brokers have direct connections with hundreds of different lenders willing to lend to people with bad credit ratings.

The truth it is, these days bad credit mortgage approvals are becoming more common as the mortgage market becomes more competitive.

THE BAD MORTGAGE APPROVAL PROCESS

To get started any lender considering a bad credit mortgage application will assess the applicant to determine the level of risk.Every bank or lending agency has its own set of criteria to determine if an application should be approved. Some of the most common requirements for approval are listed here:

  • A HIGHER DOWN PAYMENT – With a perfect credit rating most lenders will require at least 5% down on a new home purchase. If you have a bad credit rating that figure can jump to 15%, and the thing to remember is the more money down you provide, the better your chances for approval.
  • PROOF OF INCOME – In order to qualify for any mortgage the borrower needs to provide proof of income, to prove they have the ability to pay off the loan. Lenders usually use a formula called a – Gross-Debt-Service-Ratio ( GDSR ) to determine how much of your monthly income will be used to service the mortgage. While many lenders will approve a bad credit mortgage with a GDSR of about 35%, it is recommended that home buyers keep their GDSR below 30%. This is basically the percentage of your income that needs to be used to make the payments on your mortgage every month.
  • PROFESSIONAL PROPERTY APPRAISAL – If you default on your loan, the lender will have the legal right to take control of the property and sell it to recover their money. That’s why the lender will require a professional appraisal. They need to be sure the property is worth more than the amount of the mortgage.
  • A CO-SIGNER – If you have bad credit a lender is much more likely to approve a mortgage if you have a trusted friend or relative who is willing to cosign for you. Having a reliable co-signer reduces the lender’s risk because if you are unable to make payments, the cosigner will be required to.

If you have bad credit, or no credit, you chances of securing a mortgage for a new home are still good, if you apply in the right places and take the right steps. A mortgage broker can help walk you through the process, and can improve your chances of obtaining the mortgage you need to secure a new future for you and your family.


CREDIT CARDS and LOANS for BAD CREDIT, bad credit mortgage.#Bad #credit #mortgage


Loans and Credit Cards for Bad Credit

Welcome! Since 2005, we have been dedicated to helping those with a bad credit rating rebuild their credit. We provide you with the knowledge and resources necessary for you to find the best loans and credit cards for bad credit, regardless if you have a poor credit score or past credit problems. We continously update our offers to bring you the best bad credit offers available.

If you are looking for the right offer to fit your financial needs or repair bad credit, please begin by choosing a category of offers below:

Compare the top 10 credit cards for those with bad credit and apply online instantly.

Compare auto lenders that approve people with a poor credit score.

Review the best services for debt relief and debt consolidation loans.

Need a cash loan to pay bills, take a vacation, or start a business? Apply now.

Compare options to repair your bad credit history and improve your rating.

Get a new home loan now at a great rate regardless of your past credit history.

Tips and Advice

► 5 Steps to Rebuilding Bad Credit

Bad credit mortgage

► Credit Crunch Shrinking Size of Personal Loans

Bad credit mortgage

► Inside the Brain of an Auto Lender

Bad credit mortgage

► Filing for Bankruptcy: Chapter 7 vs. Chapter 13

Bad credit mortgage

► Which Type of Home Loan is Right for You?

Bad credit mortgage

► Too Much Debt? How to Break the Debt Cycle

Bad credit mortgage


Guaranteed Finance Acceptance – Approval for Bad Credit Non Status No Credit Checks Credit Cards


mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

NO CREDIT CHECKS! NO APPLICATION FEES!

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Mortgages for bad credit

Why? Because we at Guaranteed Finance are 100% committed to helping you with the credit/financial services you need. We don’t like the terms “bad credit” or “poor credit” but we SPECIALISE in providing credit and obtaining approval for customers even if they have not so good credit status – even if you have no credit history or are looking for finance “non status”. We source ALL credit FAST!

Mortgages for bad credit

We can provide cards – credit, debit, prepaid | bank accounts – basic, personal, business | loans – payday, logbook, unsecured | mortgages – remortgages, secured, loans | purchase finance – car loan or lease, plasma tv, ps3, mobile phones contract or payg and catalogue accounts. With Guaranteed Acceptance No Credit Checks! Plus we can provide free help and advice on IVAs and bankruptcy.

Mortgages for bad credit

Mortgages for bad credit

Launch of new credit site! Want the latest mobile phone, 3d led tv or gadget but don’t have the cash right now? Then try Buy On Finance The best place to get what you want when you want all available on finance whatever your status!

Great new mobile phone site JustPhones.biz with over 1/2 a million deals available you’re sure to find the right handset, contract and tariff combination – no matter what your status!

Mobile Phones On Finance

Guaranteed no credit check mobiles available, we don’t like the term “bad credit” but even if your credit is not so good we can find the best contract deals incl. the Apple iPhone 4s FREE on contract!

New For Bad Credit!

Launch of new site. Aimed at the bad or adverse credit market this site arranges the best loans, mortgages, credit cards, bank accounts, insurance, car loans mobile phones + more whatever your credit status.


Home Loans for Bad Credit, FHA Mortgages – Refinancing, GovHomeLoans, bad credit mortgage loans.#Bad #credit


bad credit mortgage loans

Bad credit mortgage loans

It takes less than 30 seconds to move toward homeownership. And it is free. Let us help you.

Home Loans For Bad Credit

Are you wondering how to buy a home with bad credit? Do you know how to acquire a bad credit home loan? Thanks to the fact that they are government insured, the FHA (Federal Housing Authority) and FHA backed Mortgages, allow people to get home loans with bad credit; so you buy the home you ve been wanting. These “Bad Credit Mortgages” are not as expensive as some other home loans, and their relaxed qualifications help people every day stop being renters and become homeowners.

Most people consider owning a home at one point or another in their lives, but do not know what it takes to do so. What houses can I afford? How much is it going to cost? Do I have enough down payment? Will a bank lend to me? Perhaps you have gotten past that part and actually have gone to a bank to find you are not eligible for a home loan, but were not told why, or do not understand why. Then you re left with even more questions. Do I have bad credit? Do bad credit home loans exist? How can I get home loans for bad credit or even how to buy a home with bad credit? What is my debt to income ratio? What do I need to qualify for an FHA bad credit mortgage loan?

At Government Home Loans, we have answers and resources for every step in the home loan process, focusing heavily on FHA loans due to the relaxed guidelines and their ability to help the first time home buyer. Our goal is to give you a timeline and a plan to get you access to home loan that is both a safe, and responsible loan that you can succeed in.

We have highly trained loan specialists available to you, and we are committed to sharing all of our resources to get you into your own home with an FHA Mortgage. Whether you are a first time home buyer and are looking for home loans for people with bad credit, or have owned before but have been recently turned down, our specialists as well as many online resources can provide you the tools you need to attain your goals. Things have changed a lot, you can buy a home with bad credit now. Talk to one of our bad credit mortgage lenders or find the information that may help you right here on the website.


Bad Credit Mortgage – Buy or Refinance Bad Credit Mortgages, bad credit mortgage loans.#Bad #credit


Bad Credit Mortgage

Bad credit mortgage loans

Bridge delivers bad credit mortgage solutions online with VA, FHA loans and subprime refinancing for good bad credit mortgages. We provide mortgage relief options for all types of credit for residential financing. As a national lender we are one of the few lenders that work with borrowers suffering from poor credit or a lack of equity. As a bad credit mortgage lender, we make home financing available with refinancing and purchase loan solutions that help prevent people from foreclosures and payment defaults. As the economy is beginning to turn around, our underwriters are able to eliminate some of the red tape associated with bad credit mortgage programs. Don’t wait for interest rates to turn directions before solidifying your financial situation with regards to your home loan.

Quick and Easy Approvals on Mortgages for People with Bad Credit

Refinance Bad Credit and Save with Fixed Mortgage Rates and Reduced Lending Fees!

Most people are refinancing with debt consolidation loans, credit lines, but many 1st time homebuyers are taking out home purchase loans. Bridge offers bad credit mortgages for both conforming and jumbo loan amounts. Bad credit second mortgage loans are more difficult to qualify for than in previous years. Bad credit Loan options are still available with FHA and VA mortgage loans.

Limited and No Credit Home Mortgage Loans for First Time Home Buyers

Borrowers with challenged credit can choose from FHA, sub-prime mortgages or hard money if they equity. FHA continues to promote liberal refinancing with equity because they allow rate and term refinancing and purchase loans. FHA mortgages also allow people who have poor credit access to programs like the cash back refinance loan that encourages debt consolidation and refinancing adjustable rate consumer loans. VA finance solutions enable military homeowners with bad credit to refinance into a more affordable payment.

Bridge Mortgages can help you with Refinance, Purchase and Home Equity Loans.

  • Credit Scores from 500
  • 100% Single Mortgage
  • Bad Credit Refinance
  • Consolidate Bills
  • Refinance for Cash
  • State Income Available
  • Bad Credit Second Mortgage
  • Hard Money Refinancing

Can I still Refinance My Home if I have Bad Credit?

Yes!В Bridge has helped thousands of borrowers with a poor credit history get approved for great loans. We can help you with refinancing your current loan, or get you qualified for a cost effective mortgage loan. We will help you compare interest rates for several loan programs. Our bad credit lenders offer solutions for bill consolidation, home construction, and cash out refinancing.

Refinance and choose a payment type that meets your financial needs: Select from Interest Only, Negative Amortization and Fixed Rate terms with Principal and Interest Paid each month. Bridge Mortgages has the knowledge and experience to find a mortgage program that works with your credit score and equity situation. Home loan rates have maintained affordability in 2012, but how long will the low rates last?

Bridge Understands the Challenges of Refinancing Bad Credit

  • 2/28, 3/27, 5/25: Fixed Rate with Interest Only Payments Available
  • 30, 40 and 50 year fixed rate terms available
  • 15 and 30 year Traditional Rate Term Refinancing
  • 15 and 30 year Fixed Rate FHA Streamline Refinance
  • 30 and 40 year Cash Out Refinance Loans

Unfortunately, things come up in life that cause good people to make credit mistakes that can result in poor credit scores. We have loan programs that are designed to get people with bad credit back on their feet. Credit repair programs can help, but often times they can take years to reverse bad credit. Many homeowners can’t wait years to refinance, so Bridge Mortgages offers a great opportunity to rebuild your credit and save some money by consolidating some debt into your mortgage.

Question: How long does someone have to be out of a bankruptcy to qualify for an FHA loan?

Answer:В Guidelines for FHA state two years must have elapsed since the discharge of the bankruptcy. However, between one two years may be acceptable if the bankruptcy was due to unfortunate circumstances beyond the borrower’s control. The FHA underwriters will consider this exception if they believe the credit problems is unlikely to recur, and the borrower has re-established enough good credit. Late mortgage payments after a bankruptcy usually will result in your loan being rejected. Buying a home with bad credit is still an option with FHA because they only require a fico score of 500.

FHA Home Loans for Bad CreditВ – Buying a home can challenging enough, so the last thing you need is to get hassled for limited or poor credit. FHA help thousands of first time homebuyers each year secure financing with a low fixed rate 30-year mortgage. Bridge Mortgages extends credit to borrower’s 1-Day out of Bankruptcy. FHA offer similar loan guidelines as subprime mortgages without the high interest rates.

Apply for a Mortgage with Bad Credit Now!

Quick Company Home Loan Links

More Commonly Viewed Home Loan Pages from Bridge Mortgages

Specialty Home Mortgage Loan PagesВ

Get Current Home Mortgage RatesВ

*All home loan rates, pricing, underwriting requirements and other requirements subject to change at any time without notice. Home loans for bad credit, FHA, VA, USDA, conforming and jumbo loans are all subject to lender approval from a certified underwriter. Certain restrictions may apply. Actual home mortgage rates may vary based on credit scores and market conditions. ** The initial variable rate may increase after the fixed rate period and is available on a loan to purchase or refinance owner-occupied, single family residence homes only. Find out what the interest rate is when you discuss you eligibilities with one of our participating lenders.

BridgeMortgages.com provides home loan and mortgage information at no cost to you. BridgeMortgages.com is not charging or seeking fees of any kind from consumers visiting our websites. This agreement remains in effect only as long as you seek to use the services offered by BridgeMortgages.com. You may discontinue this relationship at any time, without notice, at no cost or penalty to you. BridgeMortgages.com will not act as your home loan lender or credit provider. BridgeMortgages.com will pass along your inquiry to our lending partners and our lending partners will contact you with their offers. Filling out this request or contact form puts you under no obligations. By submitting your request, you grant permission for 1 to 4 broker or lender affiliates and other business affiliates to contact you at any number or email address entered so they can help you with your request. This authorization overrides any previous registrations on a federal or state Do Not Call registry. You agree that lenders, brokers or business affiliates may use an automatic dialing system in connection with calls made to any telephone number entered, even if the telephone number is a cellular phone or other service for which the called party is charged. This website cannot guarantee the lowest mortgage rate or best terms available in the market. BridgeMortgages.com is paid from loan companies and therefore we do not charge consumers for information or referral fees in conjunction with connecting people with mortgage lenders, brokers, credit unions or banks.

Not everyone will be approved. Programs, rates and loans terms are subject to change without notice.


Mortgage Brokers, Home Loans Bad Credit, First Rate Mortgages, mortgage bad credit.#Mortgage #bad #credit


Accredited and Registered Mortgage Brokers – Nationwide

Mortgage bad credit

If you need help from a Mortgage Broker arranging a home loan for an existing home or a new build, refinance or commercial mortgage in Auckland, Wellington & Christchurch or anywhere in New Zealand just contact us.

First Rate Mortgages Limited is New Zealand owned and operated by Kim Lyons, who is the principal residential and commercial Mortgage Broker. He is supported by both Allan Nicol and Raymond Daniels here in Auckland, allowing the Company to provide excellent service over the greater Auckland area. Allan has an abundance of valuable knowledge as a home owner and family man and is our Specialist Refinance and First Home Buyer Mortgage Broker in the South and East Auckland, areas such as Howick, Botany, Pakuranga, Manukau, Flatbush and Otahuhu. Raymond has now joined the team and he is looking after West Auckland including the Hobsonville, Kumeu, Greenhithe and Whenuapai areas. Raymond has a wealth of banking experience having worked with ANZ here in New Zealand as a Business Manager plus started his banking career in South Africa. Together Kim, Allan and Raymond concentrate on arranging NZ Home Loans, Investment, New Builds, Refinance, Consolidation, Construction and Commercial Property Finance.

In 2012 Kim moved 20 minutes North from Castor Bay to Orewa on the Hibiscus Coast but continues to look after existing clients on Auckland’s North Shore, such as Takapuna, Milford, Browns Bay, Albany, Birkenhead and Auckland Central Business District.

With Kim now in Orewa, which is a massive growth area for new builds in the Millwater / Silverdale / Whangaparaoa area, he sees the opportunity to help new home buyers with construction or home and land packages with a focus on low deposit home loans, helping new home buyers get on the property ladder. The great news is that the 10% deposit required for a new build is outside current restrictions on low deposit lending!

The West Auckland area of Avondale, New Lynn, Henderson, Te Atatu, Hobsonville and north to Helensville can be looked after by Raymond with Kim providing back up as required, depending on a clients requirements.

With clients now all over New Zealand especially in Tauranga, Hamilton, Wellington and Christchurch, we can honestly say we offer a great service both personally, when we can meet clients, and also via the internet, phone, fax and scanner!

Mortgage bad credit

Kim Lyons has many years of knowledge and experience, having been a Mortgage Broker for 16 years and prior to that working with ANZ Bank as an Assistant Lending Manager in Newmarket, then Branch Manager Newton and then Takapuna, before becoming one of the ANZ’s first Mobile Mortgage Managers in Auckland.

Together Kim, Allan and Raymond can help you buy or build your new dream home, even with a low or gifted deposit, establish a rental portfolio, finance a construction project or provide urgent help, in those challenging times, with urgent refinance, perhaps to stop a mortgagee sale, bridging finance or debt consolidation. Kim and Raymond are also very experienced with commercial and development funding proposals.

Currently with activity at a new high, Kim Lyons and the team are getting many enquiries from home buyers in Auckland and those selling up to move out of town all cashed up. Others are looking to buy a rental, say in Tauranga, as they wish to plan for retirement and know they will not stay forever in the big smoke! Other enquiries are resulting in loans being approved to help first home buyers with a low deposit of say 10%, commercial property investors, or commercial owner occupiers. Many are also looking to refinance and consolidate debts, plus there has been a significant increase in the number of online enquiries for bad credit home loans, second mortgages, or to catch up on mortgage payments, even personal expenses such as marriages, funerals, cars, travel, education costs etc. These smaller loans generally have security in the form of a caveat or second mortgage on the borrower’s property, or that of a guarantor. We do not do unsecured loans personal loans.

Recent enquiries include clients who were in a “rent to buy” situation and with savings plus the increased property value wanted to buy the home and have it in their names. Another client wanted urgent bridging finance to inject into his business pending sale of his home. As he was self employed with no current financial accounts a second mortgage was arranged to assist.

After a period of strong sales particularly in Auckland with rising prices, the Reserve Bank has taken action to restrict low deposit lending beyond 80%, which does penalise first home buyers. Recognising the need to help clients through the tightening of credit policy and the reluctance to lend from many traditional Banks and other non Bank Lenders, it has been a priority to focus on keeping up to date on what can and can’t be done in the current mortgage market. We are always looking for ways to still help clients with a 10% deposit, who may as an example, have a low or part gifted deposit, maybe some minor bad credit issues, but still want to buy their first home with a 90% Home Loan and their Bank has said “NO”.

Both Kim and Allan have now completed their studies and been awarded the National Certificate of Financial Services (Financial Advice) ( Level 5) in Residential Property and Insurance Advice and are both Registered Financial Advisers on the Financial Service Providers Register with the Companies Office. Raymond is now well into his studies as well.

The team at First Rate Mortgages are committed to respect and value you as a client and to provide you with a higher level of service than what you may currently be receiving from your current Bank Manager or Mortgage Broker. This does also mean that we are here to provide long term personal service rather than an impersonal offshore 0800 call centre with automated numbered responses! Just check our reviews.

Our lending panel includes ANZ Bank, Westpac, BNZ, ASB, Co-Op, TSB, SBS and Sovereign Home Loans. We are accredited Mortgage Brokers with them. We also have an extensive network of Non Bank Lenders who may be able to assist you, if you have already been to your Bank or Mortgage Broker and they have been unable to help.

We are proud that First Rate Mortgages Ltd is now a well known name here in New Zealand and has a reputation of getting the job done with both bank and Non Bank lenders. The business continues to expand and with the benefit of our Mortgage Broker Support team in the Orewa office can provide both personal and ongoing service to help you on your financial journey.

Contact one of our Mortgage Brokers for more information


CREDIT CARDS and LOANS for BAD CREDIT, bad credit home loans.#Bad #credit #home #loans


Loans and Credit Cards for Bad Credit

Welcome! Since 2005, we have been dedicated to helping those with a bad credit rating rebuild their credit. We provide you with the knowledge and resources necessary for you to find the best loans and credit cards for bad credit, regardless if you have a poor credit score or past credit problems. We continously update our offers to bring you the best bad credit offers available.

If you are looking for the right offer to fit your financial needs or repair bad credit, please begin by choosing a category of offers below:

Compare the top 10 credit cards for those with bad credit and apply online instantly.

Compare auto lenders that approve people with a poor credit score.

Review the best services for debt relief and debt consolidation loans.

Need a cash loan to pay bills, take a vacation, or start a business? Apply now.

Compare options to repair your bad credit history and improve your rating.

Get a new home loan now at a great rate regardless of your past credit history.

Tips and Advice

► 5 Steps to Rebuilding Bad Credit

Bad credit home loans

► Credit Crunch Shrinking Size of Personal Loans

Bad credit home loans

► Inside the Brain of an Auto Lender

Bad credit home loans

► Filing for Bankruptcy: Chapter 7 vs. Chapter 13

Bad credit home loans

► Which Type of Home Loan is Right for You?

Bad credit home loans

► Too Much Debt? How to Break the Debt Cycle

Bad credit home loans


Bad Credit Mortgage – Buy or Refinance Bad Credit Mortgages, mortgage bad credit.#Mortgage #bad #credit


Bad Credit Mortgage

Mortgage bad credit

Bridge delivers bad credit mortgage solutions online with VA, FHA loans and subprime refinancing for good bad credit mortgages. We provide mortgage relief options for all types of credit for residential financing. As a national lender we are one of the few lenders that work with borrowers suffering from poor credit or a lack of equity. As a bad credit mortgage lender, we make home financing available with refinancing and purchase loan solutions that help prevent people from foreclosures and payment defaults. As the economy is beginning to turn around, our underwriters are able to eliminate some of the red tape associated with bad credit mortgage programs. Don’t wait for interest rates to turn directions before solidifying your financial situation with regards to your home loan.

Quick and Easy Approvals on Mortgages for People with Bad Credit

Refinance Bad Credit and Save with Fixed Mortgage Rates and Reduced Lending Fees!

Most people are refinancing with debt consolidation loans, credit lines, but many 1st time homebuyers are taking out home purchase loans. Bridge offers bad credit mortgages for both conforming and jumbo loan amounts. Bad credit second mortgage loans are more difficult to qualify for than in previous years. Bad credit Loan options are still available with FHA and VA mortgage loans.

Limited and No Credit Home Mortgage Loans for First Time Home Buyers

Borrowers with challenged credit can choose from FHA, sub-prime mortgages or hard money if they equity. FHA continues to promote liberal refinancing with equity because they allow rate and term refinancing and purchase loans. FHA mortgages also allow people who have poor credit access to programs like the cash back refinance loan that encourages debt consolidation and refinancing adjustable rate consumer loans. VA finance solutions enable military homeowners with bad credit to refinance into a more affordable payment.

Bridge Mortgages can help you with Refinance, Purchase and Home Equity Loans.

  • Credit Scores from 500
  • 100% Single Mortgage
  • Bad Credit Refinance
  • Consolidate Bills
  • Refinance for Cash
  • State Income Available
  • Bad Credit Second Mortgage
  • Hard Money Refinancing

Can I still Refinance My Home if I have Bad Credit?

Yes!В Bridge has helped thousands of borrowers with a poor credit history get approved for great loans. We can help you with refinancing your current loan, or get you qualified for a cost effective mortgage loan. We will help you compare interest rates for several loan programs. Our bad credit lenders offer solutions for bill consolidation, home construction, and cash out refinancing.

Refinance and choose a payment type that meets your financial needs: Select from Interest Only, Negative Amortization and Fixed Rate terms with Principal and Interest Paid each month. Bridge Mortgages has the knowledge and experience to find a mortgage program that works with your credit score and equity situation. Home loan rates have maintained affordability in 2012, but how long will the low rates last?

Bridge Understands the Challenges of Refinancing Bad Credit

  • 2/28, 3/27, 5/25: Fixed Rate with Interest Only Payments Available
  • 30, 40 and 50 year fixed rate terms available
  • 15 and 30 year Traditional Rate Term Refinancing
  • 15 and 30 year Fixed Rate FHA Streamline Refinance
  • 30 and 40 year Cash Out Refinance Loans

Unfortunately, things come up in life that cause good people to make credit mistakes that can result in poor credit scores. We have loan programs that are designed to get people with bad credit back on their feet. Credit repair programs can help, but often times they can take years to reverse bad credit. Many homeowners can’t wait years to refinance, so Bridge Mortgages offers a great opportunity to rebuild your credit and save some money by consolidating some debt into your mortgage.

Question: How long does someone have to be out of a bankruptcy to qualify for an FHA loan?

Answer:В Guidelines for FHA state two years must have elapsed since the discharge of the bankruptcy. However, between one two years may be acceptable if the bankruptcy was due to unfortunate circumstances beyond the borrower’s control. The FHA underwriters will consider this exception if they believe the credit problems is unlikely to recur, and the borrower has re-established enough good credit. Late mortgage payments after a bankruptcy usually will result in your loan being rejected. Buying a home with bad credit is still an option with FHA because they only require a fico score of 500.

FHA Home Loans for Bad CreditВ – Buying a home can challenging enough, so the last thing you need is to get hassled for limited or poor credit. FHA help thousands of first time homebuyers each year secure financing with a low fixed rate 30-year mortgage. Bridge Mortgages extends credit to borrower’s 1-Day out of Bankruptcy. FHA offer similar loan guidelines as subprime mortgages without the high interest rates.

Apply for a Mortgage with Bad Credit Now!

Quick Company Home Loan Links

More Commonly Viewed Home Loan Pages from Bridge Mortgages

Specialty Home Mortgage Loan PagesВ

Get Current Home Mortgage RatesВ

*All home loan rates, pricing, underwriting requirements and other requirements subject to change at any time without notice. Home loans for bad credit, FHA, VA, USDA, conforming and jumbo loans are all subject to lender approval from a certified underwriter. Certain restrictions may apply. Actual home mortgage rates may vary based on credit scores and market conditions. ** The initial variable rate may increase after the fixed rate period and is available on a loan to purchase or refinance owner-occupied, single family residence homes only. Find out what the interest rate is when you discuss you eligibilities with one of our participating lenders.

BridgeMortgages.com provides home loan and mortgage information at no cost to you. BridgeMortgages.com is not charging or seeking fees of any kind from consumers visiting our websites. This agreement remains in effect only as long as you seek to use the services offered by BridgeMortgages.com. You may discontinue this relationship at any time, without notice, at no cost or penalty to you. BridgeMortgages.com will not act as your home loan lender or credit provider. BridgeMortgages.com will pass along your inquiry to our lending partners and our lending partners will contact you with their offers. Filling out this request or contact form puts you under no obligations. By submitting your request, you grant permission for 1 to 4 broker or lender affiliates and other business affiliates to contact you at any number or email address entered so they can help you with your request. This authorization overrides any previous registrations on a federal or state Do Not Call registry. You agree that lenders, brokers or business affiliates may use an automatic dialing system in connection with calls made to any telephone number entered, even if the telephone number is a cellular phone or other service for which the called party is charged. This website cannot guarantee the lowest mortgage rate or best terms available in the market. BridgeMortgages.com is paid from loan companies and therefore we do not charge consumers for information or referral fees in conjunction with connecting people with mortgage lenders, brokers, credit unions or banks.

Not everyone will be approved. Programs, rates and loans terms are subject to change without notice.


Bad Credit Mortgage & Second Mortgage Toronto, Private Home Loans in Toronto, Canada Wide Financial,


Home Loans Made Easy through Canada Wide Financial

It is disappointing and discouraging when lenders fail to approve you for a home loan in Toronto. If less than perfect credit affects your ability to get a first or second mortgage, we can help you secure the funds you need to purchase the home of your dreams.

We Qualify You When Other Lenders Do Not

Many of today’s banks and financiers have long lists of qualifications that are difficult for most people to meet. Fortunately, here at Canada Wide Financial, we do things differently when it comes to home loans in Toronto. We can qualify you for a loan in several ways, including an evaluation of your employment and income, or even of the equity in your existing home. When other lenders say no, we can help you secure a private home loan.

A Simple Process

To find out if you qualify for a private home loan in Toronto, simply fill out an application. Our underwriters will review it the very same day, and you could receive approval in as little as four to 12 hours. There are no application fees, and in the event that there is an appraisal fee, we will notify you in advance. There are no long wait times, and you will never feel left in the dark.

No Credit? No Problem

Although traditional lenders rely almost exclusively on your credit score to determine your eligibility for home loans in Toronto, we do not. In fact, we use various other criteria, including your job, your length of employment, and your income as qualifiers to help you find the funds you need. We can even help you acquire funds for a second mortgages even if you have an open bankruptcy.

The Right Private Loan for Your Needs

Whether you are interested in home loans in Toronto for bad credit, second mortgages, private mortgage refinancing, or even debt consolidation based on the equity in your home or property, we can help. We can even stop foreclosures, assist in bridge financing, and work with clients who have declared bankruptcy. Despite what other lenders say, we will work with you to discover the best solutions for your unique situation.

If you need private home loans in Toronto, look no further than Canada Wide Financial. When other lenders turn you down, do not feel discouraged. Simply fill out our application, and one of our friendly, helpful representatives will contact you within 24 hours.


Bad Credit Home Loan Programs, home loans for bad credit.#Home #loans #for #bad #credit


Bad Credit Home Loans

Although the Sub Prime Mortgage Loan, also known as a bad credit home loan, is often our option of last resort, some borrowers simply cannot qualify under traditional conventional home loan program guidelines due to significant levels of bad debt. For those Bad Credit Home Buyers and refinance borrowers, Lifestyle-Mortgage.com offers a wide range of mortgage loan products that can assist nearly everyone in making their dreams of home ownership come true in Knoxville, TN and beyond, regardless of past credit problems.

Typically, when this situation is reached, a full analysis has been done on the mortgage loan package, regardless of whether the borrower is buying or looking to do a Mortgage Refinance With Bad Credit. In order to find the best approach for your situation, our creative and resourceful loan pros will try to locate the bad credit home loan that best suits your home loan needs and makes the path to home ownership as smooth as possible in Gulfport, MS or in any of the other cities we serve.

Lifestyle-Mortgage.com will be able to review this information from a combination of your credit application, credit report, client consultation and subsequent loan documentation type. Our trained loan professionals will then give you the best available Alabama, Missouri, Mississippi, North Carolina or Tennessee Mortgage program options based upon your particular situation, and together we can create a plan for your future that makes sense.

Our bad credit home loan programs include some with prepayment penalties in AL, MS, North Carolina, TN and some without them in Missouri. Typically our bad credit loans will include these options:

  • 30 Year Fixed Rate Loan in O’Fallon
  • 15 Year Fixed Rate Loans
  • 2/2/8 – 2 Years Fixed, Adjusting each following year in Greenville
  • 3/2/7 – 3 years Fixed, Adjusting each year after the fixed period.
  • Bad Credit 2nd Mortgage Programs
  • No Income Verification Programs
  • Jumbo Mortgage and Super Jumbo Bad Credit Programs in Lee’s Summit
  • Non Owner Occupied (Real Estate Investor) programs in Greensboro
  • Pre-Forclosure Hard Money Loan options

Give us a call or just complete our online Quick Apply application today!

Bad Credit Home Buyer Opportunities

It is important for our bad credit home buyers to recognize the value of the opportunities the credit impaired product range offers. Prior to 1990, it was almost impossible for borrowers to obtain a mortgage if they did not qualify for either a conventional or government loan. The non-conforming (Sub-Prime) lending market was developed to assist bad credit borrowers who fell into a higher risk category and needed a residential mortgage loan.

Many borrowers are good people who honestly intended or intend to pay their bills on time. A previously unforgiving bank now has more latitude to take into consideration events outside the borrowers control. The greater ability to overlook past credit problems has come to the mortgage loan industry, but the new leniency is not without a price.

Loan applicants in with poor credit should understand that investors get compensated for risk in the form of interest rates. The lower the risk, the lower the rate and vice versa. Therefore, there are several risk factors taken into consideration when evaluating a borrower for a mortgage loan in the Sub-Prime market in Mobile, AL and beyond. Obviously, the first thing that a lender looks at is how you have paid your bills and managed your credit in the past 2 to 5 years.

Late payments that are 30 days are generally considered minor problems; however, 60, 90 and 120-day late payments can make you a “C” credit risk from the start. Credit scores below 620, even with a good credit repayment history, can also place you into a higher risk category comparable to those who have filed for bankruptcy or faced a foreclosure.

Other factors that lenders consider with a Sub-Prime home loan are your debt-to-income levels (usually anything over 41% of your gross monthly income will place you into a Sub-Prime home loan with almost all lenders), employment history if less than 2 years, type of property, lack of assets, basically anything that falls outside of conventional or government lending guidelines.

So, if you have bad credit and want a home loan, why consider a sub prime loan? For several reasons. In a purchase transaction most borrowers can get into the home they want at today’s price. Once in the home, a borrower now has an opportunity to clean up their credit, reestablish new credit, and ultimately get a Refinance Loan with a traditionally lower rate at a later time. Complete our online Quick Apply application today!

Bad Credit Mortgage Refinance

If you already have a mortgage, a refinance to cash out equity to pay down higher rate credit cards, pay off a mortgage tied up in Chapter 13 with a Bankruptcy Loan, foreclosures, collections and liens is a great way to clean up a troubled credit history, save money each month and get back on your feet. Using this method, typically, with prompt credit repair action and 12 months of on-time mortgage payments, you can refinance into a conventional interest rate FHA Loan Alternative or one of our great Mobile Home Loan programs.

Remember these bad credit loans are typically for the short term, approximately 2-4 years, and are not recommended as loans for life . Most borrowers will refinance out after 2 to 4 years into an low fixed rate FHA Loan. The bad credit mortgage loan has a higher cost because the lender assumes substantial risk, for what is projected to be a very short period of time and these loans have higher than typical defaults, at conventional loan to values. For many, however, they remain a way to get a fresh start. Complete our online Quick Apply application today!

Second Mortgage With Bad Credit

Home loans for bad credit

If you have a low fixed rate 1st mortgage and have experienced some financial difficulties which have created some short term credit issues, Lifestyle-Mortgage.com offers several second mortgage programs designed for home owners with derogatory credit issues. Whether it’s cash out for debt consolidation, student loan payments or just to take a well deserved vacation, Lifestyle-Mortgage.com offers great terms and several second mortgage options to clients in Memphis, Tennessee and beyond.

The benefits of taking advantage of your homes equity via a second mortgage, or Home Equity Loan, to resolve a new or preexisting bad credit issues can be numerous. A Lifestyle-Mortgage.com professional loan counselor would love the opportunity to speak with you about all of your options and how one of our bad credit second mortgage programs can assist you in addressing any particular issue you might be experiencing. Complete our online Quick Apply application today!

Bad Credit Documentation

Copy of Social Security Card

Copy of Drivers License

90 Days Banks Statements, all Accounts, all Pages

(If doing a bank statement loan, include 12 consecutive months)

30 Days Pay Stubs

Last Quarterly Statement for Investment Accounts/401K

Signed Letter of Credit Explanation (IF DEROGATORY)

Copy of Bankruptcy Papers, all Pages and Discharge

Business Tax Returns (Self Employed Only)

Copy of Business License (Self Employed Only)

Year to Date P L statement – Signed (Self Employed Only)

Last 12 Months Canceled Checks for Rent or Mortgage (Privately Held rent or prior mortgage)

Child Support Order (for those using child support to qualify)

Benefit Award Letter (For those using a Retirement or Disability income to qualify)

Hard Money Loan

Home loans for bad credit

A hard money home loan may fit your needs if you find yourself in any in a money pinch and unable to qualify for standard loan products. These loans are especially good for those who need to close in days not weeks or need to rescue a home foreclosure.

If you’re facing hard luck in Memphis, TN or anywhere else, a Hard Money loan may be the quick fix for you! Our hard money products offer borrowers Great Flexibility with No Credit Checks (in most instances), No Documentation in almost all instances, and no appraisal requirement in most instances.

We lend on the property only. Our maximum TLTV (total loan to value) offered is 65% with rates starting as low as 9.9% on an ARM product line! If you’re looking for hard money lenders, you’ve come to the right place. We’ve helped many home owners and home buyers save a home facing foreclosure or purchase a home in a matter of days.

Call today for a no-cost review of your situation to identify exactly what documentation you’ll need to get your fast closing Hard Money mortgage in process. Complete our online Quick Apply application today!

Home loans for bad credit

Home loans for bad credit