i need help…i need a mortgage of about 90k for a home…i have bad credit in past…any ideas??? thank u
whats the best company to use when applying for a mortgage with very bad credit?
18
May
2 Comments
Posted in Uncategorized
Tags: applying, Best, Company, Credit, Mortgage, very, Whats
dmachelles76
May 18, 2010 at 4:14 pm
wells fargo… I had a bankruptcy and they financed us
Steve D
May 18, 2010 at 4:24 pm
The best way to find out is to submit your info to one of the online services that gets you competitive quotes from several lenders. The idea is that “when banks compete, you win.” That’s a slogan, but it’s true.
The way these services work is by sending your info to a pool of possible lenders. Some of those lenders are always willing to work with people who have sub-par credit. They’ll even compete for your business.
See Sources for a page where you can submit your info. Be honest about your credit situation, and you should receive several quotes. Of course, you’ll have to pay a higher rate than someone with excellent credit. But this way you’ll get to compare.