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I am looking for a mortgage for people with bad credit

by Patricia Rego from Ocala, Florida. Jun 18th 2014 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Generally speaking, bad credit mortgage loans don't exist... But how bad is it? Contact a local mortgage broker to review your personal situation to see if it is weak, but OK, or if it is really bad where you will be denied. www.MortgagesUnlimited.biz

Jun 18th 2014
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

What credit range are you looking for? If your credit is too low, you will likely not qualify for a mortgage and should work to build/repair it.

Jun 18th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Everyone's definition of "Bad Credit" is different.. For that reason, lenders use credit scores to determine minimum levels.. and each lender can have a different credit score requirement.. Some are 640 or above, others are 620 or 600 or above, and a handful go down to 580. Understand that the lower the acceptable score, the more strict the guidelines will be and few that apply actually get approved. That being said, it take so much more to qualify for a loan beside the credit score that without looking at your complete loan profile, no will know for sure.. If your credit scores are below 580, then its highly unlikely you will find any lender willing to lend to you.. typically scores this low reflect an individual who has a proven track record of never paying anyone on time, so it's safe for the lender to assume nothing will change once a mortgage is issued, so they just don't do them.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jun 18th 2014
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Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions

I offer a program that lends down to a 530 credit score. Let's discuss your loan scenario in more detail and see if you meet the program's guidelines. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

Jun 18th 2014
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