Getting a Bad Credit Mortgage Loan in Today’s Changing Lending Environment

A lot has changed in the lending industry since the beginning of the year.
Lenders are going bankrupt, Wall Street and the Secondary Market have stopped purchasing “high risk” loans (High LTV-Stated and No Doc, High LTV-Low FICO, and High LTV-NOO lending niches are considered “high risk”) and good loan programs for people with bad credit [...]

How a Bad Credit Mortgage Works

Whether you’re in the market to purchase your first home, or simply refinancing your existing home loan, bad credit can cause some troubling headaches throughout the entire lending process. Have no fear, for modern day brings with it sub-prime lenders that specialize in bad credit mortgages, assisting those who suffer from a blemish or two [...]