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One can get a mortgage loan for people with bad credit in two different places. The first place that one can get a mortgage loan for people with bad credit is a bank, like Wells Fargo. Another place that one can get a mortgage loan is a credit card company, like American Express.

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12y ago

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How can someone apply for a mortgage loan?

Someone can apply for a mortgage loan by going to the Realtor website. The website has information on how people including those with bad credit can apply for a mortgage loan.


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.


Can someone with a 700 credit score and two people with scores below 505 be approved for a 100 percent mortgage?

You should leave the people with 505 scores off the loan. Find a Mortgage broker and find out if you can do 100% on a stated income loan.


Where can someone with bad credit apply for a home loan mortgage?

Having bad credit does not stop a person from applying wherever they wish to for a home loan mortgage. It does, however, make it significantly less likely that they will be approved.


How can someone be released from cosigning a mortgage loan without ruining their credit?

The only way to be removed from the obligation of cosigner is for the loan to be refinanced.


Where can one buy a home loan with bad credit?

There are many places to get a home loan for people with a bad credit. Some of these places include Home Loan Specialist, ICC Mortgage and Financial Services, E-Loan, MortgageCreditProblems and Ameriquest Mortgage Co.


What should one do if they have bad credit but need a loan on their first mortgage?

If someone has got a bad credit record and wants a loan linked to their first mortgage then they will need to convince a bank that they do have a good and realistic chance that the loan will be paid back. As it stands they are probably a bad credit risk so they will find getting the loan hard.


What is a tradline?

any credit line that you have- credit card, car loan, mortgage and student loan


If you have bad credit but your fiance has good credit how will you be affected when applying for a mortgage loan?

Yes, if both people apply for a joint loan, both credit reports will be used to determine the elgibility of the borrowers.


How can one get poor credit mortgage loan in Ottawa?

To get a poor credit mortgage loan in Ottawa a person needs to seek the advice of a lending company who can help you with getting a loan. Many times they will tell you how to get your credit in better standings so that you may get the loan.


Can you get a mortgage loan with horrible credit?

Most probably No


What websites offer information about home loan mortgage rate quote for people with a poor credit rating?

Examples for websites that offer information about home loan mortage rate quote for people with poor credit rating are Realtor, Mortgage Calculator and Homeguides SF-Gate.