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| *Loan,banking and credit>>>bad credit mortgage |
Is it possible to get a mortgage at a reasonable rate if you have bad credit? |
Is it possible to get a mortgage at a reasonable rate if you have bad credit? yes it is. you just have to find yourself the best loan agent. i have been known to get the best rates for my clients whether they have good credit or not Not really It is. My wife and I declared bankruptcy in 1989 and got a home mortgage a year after that. Of course, it depends on the circumstances, but some banks/lenders will allow you to write detailed letters explaining why/how you got bad credit. If you reasons and explanation are plausible, you might get a loan. depends what you consider reasonalble and what you consider bad credit. You can probably get a loan, but the bank will want to protect itself. And reasonalbly so. The higher down payment you can make the lower the princple, the lower the payment. |
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