Posted on: 23rd Mar, 2013 04:15 am
I am divorced and mother of two children. How can I apply for bad credit mortgage.
Hi chandan!
Welcome to the forums!
In order to know some steps to improve your scores, you can check out the given page: http://www.mortgagefit.com/credit-rating/credit-repair.html .
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
In order to know some steps to improve your scores, you can check out the given page: http://www.mortgagefit.com/credit-rating/credit-repair.html .
Feel free to ask if you've further queries.
Sussane
With an economy such as the one we have now, getting approved of a bad credit mortgage is like finding a needle in a haystack. It would be extremely difficult to find a lender who will be willing to work with someone who has bad credit. Fortunately, there are lenders which cater to people with bad credit. The only con is you will be charged expensively. This could be good news especially if you have the means to pay for it; however, if you are still recovering from debt, getting approved of a mortgage with a high interest rate might just become a burden and further worsen your financial health. But if you insist, you can read "badcredithistories.com/looking-to-refinance-dont-let-bad-credit-stand-in-the-way/", for more information on how you can apply for a mortgage despite a bad credit.