Welcome to Bad Credit Mortgage Help. We are advocates for people with past credit problems and experts at helping people with imperfect credit qualify for a mortgage with reasonable terms. We offer Home Loans for people with past credit problems at the Lowest Mortgage Rates in the country. We have decades of experience with many Bad Credit Mortgage programs such as FHA Home Loans, VA Home Loans, FHA Streamline Refinances, VA Streamline Refinances, USDA Rural Housing Loans and more.
To find out what you qualify for, please fill out our inquiry form to set up a free consultation.
JUNE 2009
June, 2009 Rapid Rescore Not Accepted By Most Lenders
A Rapid Rescore is a product offered by credit reporting companies that enables someone to make quick changes to their credit report and then generate a new credit score based on the changes. A great idea, yes, but the problem is that in today's market of tight credit, most lenders will not consider a fico score generated by a Rapid Rescore model.
Why is this? If the information is updated, then wouldn't the new ...
Don't look now, mortgage rates have risen to the highest level we have seen since last fall. Rates are still excellent, however, and sit now in the mid-5%'s.
The rise in rates may derail the recovery of the housing market which has been showing signs of life in recent weeks. The key is whether or not potential home buyers decide to continue with their plans to buy a home or pull back with ...
