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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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โˆ™ 2014-10-06 22:57:22
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Q: If we have bad credit will a cosigner help us get a mortgage?
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Related questions

What mortgage lender can a person use for bad credit?

There are a few mortgage companies that one can use even if one has bad credit. The downfall of this is that you will need to have a cosigner, and will likely have a higher interest rate.


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.


How do I get a mortgage with bad credit?

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.


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.


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.


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.


Where can a person go to get information on mortgage lenders for bad credit?

There are a few websites where one can go to get information on mortgage lenders for bad credit. Realtor have an article on how to get a mortgage with bad credit. The Bad Credit Whiz website has a list of the top 10 bad credit mortgage companies.


How can I get a mortgage with bad credit?

It is very difficult to get a mortgage with bad credit. You will probably first have to raise your credit score.


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.


Can a student get a student loan without a cosigner when they have bad credit and no job?

no you do have to have a cosigner with good credit in order to get a student loan.


Where can one get a home mortgage if one has bad credit?

One can get a home mortgage if one has bad credit from several different places. Some of the places that one can get a home mortgage with bad credit are: banks, and mortgage companies.


Will they give me a mortgage if I have bad credit?

Often you can get a mortgage with bad credit. Bad credit can, though, increase your interest rate, increasing your monthly payment.


How could the FHA help with a bad credit home loan?

The FHA can help with a bad credit home loan by allowing one to get a mortgage despite having bad credit. They are loans insured by the federal government.


How can I find a mortgage if I have bad credit?

Start by looking at your credit report. If you hit a rough spot such as a divorce, you can try explaining it to the lender. Making a higher down payment or getting a cosigner may help. One can expect to pay a higher interest rate.


How can a co-signer with perfect credit help you get a mortgage loan when you have bad credit?

They sign the papers with you. Basically the lender understands that if you have bad credit, then they will depend on the co-signer to help you out. Otherwise the co-signer will soon have bad credit also.


Where can one find a mortgage broker who can help people with bad credit?

The best place to find a mortgage broker who can help someone with bad credit is at your local financial institution. The person will known your history and be able to give you advice.


How does adverse mortgae help a person?

Adverse mortgage helps a person with a bad credit history. Adverse mortgage helps people with bad credit and enables them to buy a property without difficulties.


What is the worst thing about bad credit mortgage?

The worst thing about a bad credit mortgage is the price you have to pay. You get a worse rate and have to pay more for longer than if you have a good credit mortgage.


Can I get a mortgage with bad credit?

It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.


Where can I find more information on getting a mortgage with bad credit?

Check out this article about getting a motgage with bad credit... http://www.finweb.com/mortgage/need-a-mortgage-but-have-bad-credit.html You can learn more about getting a mortgage with bad credit, by visiting www.fha.gov, www.hud.gov, and www.mortgageloansbadcredit.com.


Will you need a higher down payment to get a mortgage with bad credit?

Yes, a higher down payment is typically needed to get a mortgage with bad credit. A down payment of 25% or more will help to get a lower interest rate.


Where can one get a bad credit mortgage in Florida?

Some of the sites that can help you overcome your credit problems and obtain a mortgage to obtain that new home you are wanting may include websites such as directfha, mortgagedigger, homeguides, fhamortgageprograms, trulia, zillow, realtor, realestate, bad-credit-mortgage-loan, hope-mortgage-assistance, and many others.


What banks allow bad credit mortgage?

Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.


If you have bad credit will you get approved for a car loan with a cosigner?

Yes.


How do you get a 15000 personal loan with bad credit and no cosigner?

you cant

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