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You should contact you mortgage company. B/C if your paying a mortgage on time your credit score will improve greatly. And it may cause you problems down the road when you want to refi or buy another home.

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18y ago

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How can one get a mortgage loan with poor credit?

Some companies offer mortgage loans for people with poor credit but in general, they are difficult to find. In general, one will need to prove that they can make up for the poor credit in time by showing their credit record and income status.


Where can I find a mortgage company that will approve a mortgage when I have a 553 credit score?

There is probably no credit union or bank that will approve you when your score is that low. What on earth did you do to have such a horrible credit score? You should be ashamed of yourself.


What to do if the person that wants to get a mortgage for your propertybut cannot obtain one until credit it corrected. How can you still sell to them?

You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.


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.


What effect does a credit score have on a mortgage?

The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.


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 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.


Is mortgage payable is credit or debit?

credit


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.


What are the requirements to get a mortgage on a house?

The requirements to get a mortgage on a house are generally these. At least one of the potential mortgagees should be in full time employment or some other regular, reliable means of income. They should have a deposit saved which will cover a percentage of the value of the house -the percentage depends on how much the mortgage lender requires, and they should be credit worthy. To ascertain this it may be worth while asking for a credit report from one of the credit companies.


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.


Where would one view their credit mortgage?

The credit mortgage is what the tax payer receives from the government so that they can get a tax credit from the recent tax season. They will receive a part of the mortgage interest.