Wednesday, July 27, 2011

Can You Buy A House with Bad Credit?

Can you buy a house if you have bad credit?  The truth is, getting approved for a mortgage loan can be very difficult if you have bad credit.  Most lending companies have strict credit requirements and if your credit score is below average, your loan application can be immediately rejected.

Nonetheless, it is not impossible to get financed if you can find a subprime mortgage lender.  Yes, there are lenders in the market today who cater to the bad credit market.  Some of these lending companies offer special loan programs for customers with bad credit history.  Is there a catch?

Read more Can You Buy A House with Bad Credit?

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