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You can use a mortgage broker who can access a subprime lender database to locate lenders that meet your requirements. Once a lender is identified, complete the residential mortgage application and federal/state disclosures.

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Q: How can one apply for a subprime home loan?
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What are the reasons in which a person would apply for a subprime mortgage?

Subprime mortgages are for people with lower or worse credit ratings, its more of a second chance than anything. You would apply for one if you have bad credit and need a home loan, it does have higher interest rates though.


Where can one apply for a va home improvement loan?

To apply for a VA home improvement loan, you first must of been enlisted in one of the US military branches. After that you apply through the US Department of Veteran Affairs and see if you get accepted for the loan.


How can one apply for a home loan?

You go to your local bank and ask them. A person can apply for a home loan online using many different websites. Also, a person can apply for a home loan by going to a bank and applying by filling out the proper forms.


What is Sub-prime?

The Term sub prime is usually used in the context of loans. A prime customer is one who has a very good history and can repay the loan comfortably during the agreed tenure. A subprime customer is one who does not have a good credit history and also does not have enough income to substantiate the loan payments monthly. The loans granted to a subprime customer is termed as a subprime loan...


What is subbing?

The Term sub prime is usually used in the context of loans. A prime customer is one who has a very good history and can repay the loan comfortably during the agreed tenure. A subprime customer is one who does not have a good credit history and also does not have enough income to substantiate the loan payments monthly. The loans granted to a subprime customer is termed as a subprime loan...


How does one apply for a home loan from Nationwide?

One can apply for a home loan from Nationwide by going to their website, selecting the loan that is applicable to them: Fixed rate mortgage, mortgage refinance or adjustable rate mortgage and apply for it, fill in the questionnaire and wait for a response from the company.


How can one apply for a California home improvement loan?

One can apply for a California home improvement loan in various places. The first place to try is online in the following websites: RealEstate and Nolo.


How can one obtain a subprime loan?

Subprime loans are offered to individuals with a credit score below 620. Such prestigious financial organizations as Chase Manhattan, BankOne, and Wells Fargo have begun offering subprime loans.


Where can one get a fixed rate home equity loan?

One can get a fixed rate home equity loan using a real estate values website to figure the value of their home. Then one has to apply for the loan with their lender.


What does subprime mean in the dictionary?

Subprime has a couple different definitions. One definition is that subprime means being of less than top quality. Another definition is that subprime means a loan made to a borrower with poor credit rating, usually at high interest rates.


Where can one find information on how to apply for a home loan?

One can get all the information on how to apply for a home loan by contacting one's bank. One can also go online to websites like Standard Bank where they have information on one's financial situation.


How can one with bad credit refinance a home loan?

There are many ways one can refinance a home loan with bad credit. One can visit websites such as FHA or Mortgage Digger to get more information and apply for a loan.