Where & how do you get a loan to buy a house with bad credit?

if you do get one, its a bad loan then because of your bad credit. Bad credit = bad loans. Higher payments, higher interests, higher fees.Where %26amp; how do you get a loan to buy a house with bad credit?
Go to a credit union and open a account if you dont have one already. Aske them if you can apply for those types of loans. Why you ask? There intrest rates are a lot lower than most lending agencies.



Many BlessingsWhere %26amp; how do you get a loan to buy a house with bad credit?
So you want to buy a house when house prices are at their absolute peak? And you want a bad credit loan at a much higher interest rate? Good thing is, with bad credit, it won't get much worse when values drop, your adjustable rate interest rate rises, you can't afford the payment, and you have to walk away from it. You're the guy that bought all the dot.com stocks at $300 a share, aren't you?
There are many companies out there that specialize in people with bad or damaged credit. Yes you will pay a little more than someone with good credit but you would be surprised at what you can get with scores 560 and above. If you'd like to get a free qoute, send me an email and I can see what I could find for you.
I had no credit, so I wound up borrowing from a relative. Actually, you'll probably have an easier time than me since you do have a credit history of some sort. Applying for a home loan is a long process, some credit unions claim they can base a loan on stuff like recent utility payments, but it takes a while.
Where do you live, I may be able to assist you
www.naca.com



they are a non-profit housing advocacy group, they will work with you to get your credit up to speed and they have their own mortgage programs. Check them out!
If your mortgage amount is less than a certain percentage of the home's value, like less than 70%, it's not that difficult to get a mortgage at a fairly normal interest rate, as long as you have enough income to make the monthly payments as well as the rest of your regular monthly bills.