answersLogoWhite

0


Best Answer

The best option when applying for a mortgage with bad credit would be to speak to a financial advisor since applying for multiple loans can further reduce the credit scores.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Where can one apply for a mortgage with low interest rates if they have bad credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the mortgage rates in SalemOR?

Mortgage rates are about 4.25% in Salem Oregon. That's the interest rate for home buyers in that area. Mortgage rates do differ based on a credit score.


How high can interest rates go?

National average interest rates were as low as 4% for a mortgage. Assuming that it is what you are referencing. Interest rates are based on your personal credit score rather it be a mortgage, credit card, or vehicle. So how high they may go depends on the individual, the type of loan, and the lender.


Which credit insurance companies in Arizona offer discounts on interest rates?

Credit Insurance companies in Arizona that offer discounts on interest rates are Zurich. One can also compare the mortgage rates with Zillow and Consumer Reports.


If Ted wants to buy a house and believes that interest rates will rise he should?

If Ted wants to buy a house and believes that interest rates will rise, he should apply for a fixed rate mortgage.


Where could one find the lowest mortgage rates?

Mortgage rates will depend on several factors, including one's credit history, the size of one's loan, and the current interest rates. To find the best mortgage rates, one should contact various mortgage lenders.


What are the interest rates for US Banks home mortgages?

U.S. Bank home mortgage interest rates vary on a case by case basis. The factors may be your individual credit score, current income, employment status, Federal home mortgage interest rates, etc.


What are the mortgage rates for a condo?

Mortgage rates for a condominium will vary depending on the overall cost of the property, the down payment that is put down, and the interest rates that will apply to the loan. Although rates can be as low as 2%, interest rates for condominiums are generally higher than for single-family homes.


What is the best Mortgage refinance Interest rate in the UK?

Calculating the best mortgage refinance interest rate depends on several factors, such as length of mortgage and credit history. However, mortgage rates in the United Kingdom are low.


how do I find my mortgage interest rates ?

If you are unsure of what you are currently paying on your mortgage, you should contact the bank, credit union, or broker who is in charge of your policy.


Where might one with poor credit apply for a mortgage loan?

One can apply for a mortgage loan to any bank or building society even if one has a history of poor credit. Most lenders have a product that will be suitable however interest rates may well be higher than average, and the amount offered may be smaller than if one had good credit.


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 I apply for the lowest interest credit cards?

The lowest interest rates on a credit card are made when the person has a good credit rating. The higher the limit, the lower the interest rate also.