Buy house with bad credit

Few years back, lenders used to provide sub-prime loans to people with poor credit so that they buy homes. However, after the real estate crisis and economic recession, the lenders have stopped giving such loans.

Hi Guest,

Now-a-days such loans are hardly available. You will have to take steps to improve your scores and then look out for a mortgage. To know some steps to improve your credit score check out the given page: http://www.mortgagefit.com/credit-rating/credit-repair.html .

Thanks

Even with bad credit, home loans can still be in your future. However, when you have poor credit and lower scores you may have to overcome several obstacles over the course of getting the loan. You may not qualify for a loan in the full amount you want or need. Additionally, there will likely be very high interest rates attached to the loan.