Posts Tagged ‘Home buying’

Bad Credit Mortgage- A Real Option For Real People

It’s becoming more and more common for people to see their credit scores getting lower.

While this can create a lot of extra stress, it is still possible to find Bad Credit mortgage lenders that will give you the chance to fulfill the dream of owning a home of your own. This often comes with a price attached, namely in the form of higher fees and interest rates, but at least the option is available to you if home ownership is one of your goals.

By using this option you are able to get into a house an reestablish and raise your credit score at the same time.

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Subprime Mortgages- What are they?

Subprime Mortgages

It sounds terrible. Subprime Mortgage. But in reality it

has many different benefits that other loans do not.

A subprime loan typically has a higher interest rate than

other loans because the people who need it usually have a

poor credit history or very low credit score.

These high interest loans do make people pay a lot more for

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Shopping for your home?

Shopping for a home?

Find out the important in’s and out’s of shopping for home with this very informative video produced by HUD. It details important information that will help you when shopping for a home.


You will learn these  important points:

1. Home counseling: why it may help you
2. Expenses: determining how much house you can afford
3. Credit reports & credit score: why you should check it in advance
4. Real Estate agents:  types of agencies
5. Purchase contract: what it contains and why it is important
6. Earnest money deposits: what are they for and how you could lose it

and much, much more.

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