Follow this simple process for bad credit home loans at rates you can afford First let’s start by saying I hate the term ‘bad credit’ and bad credit home loans are no different than regular home loans. The banks have separated ‘good credit’ and ‘bad credit’ by saying everyone below a certain credit score, usually around 640 FICO, without even looking at the borrower’s credit report. So there … [Read more...]
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How a Portfolio Loan Can Help You Get a Mortgage on Bad Credit
A portfolio loan can be your opportunity to lower rates and other benefits for a mortgage The economy has boomed since the housing bubble burst but that hasn’t made it any easier to get a mortgage loan. The Mortgage Bankers Association reports that lenders reject one out of every two loan applications. One type of loan may hold the key to getting approved and at a lower interest … [Read more...]
4 Best Ways to Repay Your Mortgage Faster
How to Repay your Mortgage in Half the Time and Save Thousands Buying a home is an part of the American Dream and 90% of home buyers finance their purchase with a 30-year mortgage because it offers the lowest monthly payment. What you might not realize, is that you can make extra payments on your 30-year mortgage and save over $100,000 in interest on your home loan. In many cases, your … [Read more...]
