How to Get a Mortgage With Bad Credit

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How to Get a Mortgage With Bad Credit – This is a place for the community to provide tips and advice on How to Get a Mortgage With Bad Credit. This topic was created by Lesia Zuk and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How to get a mortgage right now, even with bad credit

Published: 9 years ago | Submitted by Anja Eckbo | permalink

Let’s be honest, there’s a better than even chance that the average American has a FICO score that is, how to put it nicely, suboptimal. That doesn't mean they can't get a mortgage.
Tags: FHFA,Fannie Mae,Freddie Mac,HUD,Housing,How to get a mortgage with bad credit,mortgage rates

For further reading: http://www.housingwire.com/articles/31227-how-to-get-a-mortgage-right-now-even-with-bad-credit ^[1]

Tip 2 - Home Loans for Bad Credit - Information and How-To | Zillow

Published: 9 years ago | Submitted by chuck Denison | permalink

Learn how to fix bad credit when finding a mortgage or refinancing. A FHA loan program may be your ideal option if your credit is poor - with down payments low as 3.5%.

For further reading: http://www.zillow.com/mortgage-rates/buying-a-home/finding-mortgage-with-bad-credit/ ^[2]

Tip 3 - How to Get a Mortgage With Bad Credit | Credit.com

Published: 9 years ago | Submitted by Clubic Chonchons | permalink

There's a general belief you need to have 20% down and a good-to-excellent credit history. But you actually can get a mortgage with bad credit.

For further reading: http://blog.credit.com/2013/07/how-to-get-a-mortgage-with-bad-credit-67820/ ^[3]

Tip 4 - How to Qualify for a Mortgage with Bad Credit

Published: 9 years ago | Submitted by Marianna Nechypor | permalink

Your credit history is one of the most important details lenders consider when approving you for a mortgage. Bad credit or a low credit score will compromise your ability to get a mortgage, as lenders will consider you at risk of...
Tags: WikiHow, Qualify for a Mortgage with Bad Credit, wiki, how to articles, how to instructions, DIY, tips, howto, learn, how do I

For further reading: http://www.wikihow.com/Qualify-for-a-Mortgage-with-Bad-Credit ^[4]