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Does a mortgage help your credit?

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Anonymous

17y ago
Updated: 8/16/2019

no. paying you bills on time does

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Wiki User

17y ago

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Is is possible to qualify for a mortgage with bad credit?

There are many different programs to help you get a mortgage even if you have bad credit. You are likey to pay a higher rate for your mortgage but there are mortgage brokers who can help you to qualify.


What can be done to help someone get mortgages if they have bad credit?

It would be very difficult to get a mortgage with bad credit. A mortgage broker may be able to help, but in order to get a mortgage it is usually advisable to get a good credit rating by taking out small loans first.


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The best way to get a mortgage when you have bad credit is to take care of the negative issues on your credit. Try to get pre-approval on a mortgage and they will tell you what steps you need to take.


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How does credit help a person?

"Credit Plus offers many products and services to help determine an individual's credit score and likelihood of obtaining a consumer mortgage. They primarily work with mortgage industry professionals, but their tools could help an individual as well."


How does credit plus help a person?

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Who offers bad credit mortgages in Wisconsin?

There are several mortgage companies that help people with bad credit. You can try Inlanta Mortgage and Home Savings of America.


If we have bad credit will a cosigner help us get a mortgage?

Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.


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Yes, it would help your credit score.


Where is it possible to refinance a home mortgage if someone has bad credit?

There are many places a person can go to refinance a home mortgage if they have bad credit. Bad Credit OK and Quicken Loans are two websites a person can use to help refinance their home mortgage.


Does one need a great credit to get an ING mortgage?

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How can I get a reversed mortgage on a bad credit score?

http://www.reversemortgageinterest.org is a great website to help you find all the information you need concerning your reversed mortgage and bad credit score.