Bad Credit Loan Article Archive 2007

Bad Credit Mortgages Lure Opportunity Investors

By:

Tom Kerr - MortgageLoan.com | November 21, 2007

Homeowners faced with financial problems related to bad credit mortgages are finding few options in this difficult market. As a last resort, some are turning to investors who buy properties cheap, and help homeowners avoid foreclosure.

Bad Credit Mortgages and "Legal Kickbacks"

By:

Tom Kerr - MortgageLoan.com | November 09, 2007

Borrowers with bad credit are particularly vulnerable when applying for a loan, because they represent higher risk for lenders. Sometimes, they're steered into loans that cost them more, and pay mortgage brokers higher fees as a sales incentive.

Bad Credit Loans from Hard Money Lenders

By:

Catherine Brock - MortgageLoan.com | October 29, 2007

Hard money lenders are wealthy individuals and small investment companies that lend cash to borrowers who don't qualify for loans from traditional lenders. New legislation, which seeks to protect borrowers from abuse, may be scaring off lenders instead.

Bouncing Back from Bad Credit

By:

Greg Mischio - MortgageLoan.com | August 19, 2007

Time may heal all wounds, but in the case of a bad credit history, there are a few other methods of financial first aid. These include paying bills on time, using your charge cards in a healthy way, and cleaning up your credit report.

Five Ways to Repair Your Bad Credit History

By:

Greg Mischio - MortgageLoan.com | July 17, 2007

Bad credit doesn't like to be ignored. If you don't take steps to repair your history, the problem will increase in size and scope and eventually deliver a crippling blow to your financial life.

Help for Subprime Borrowers

By:

Tom Kerr - MortgageLoan.com | June 05, 2007

As foreclosures surge, members of Congress are putting pressure on mortgage companies to protect homeowners from high-risk loans and unscrupulous lending practices. One result is that some subprime lenders are allowing a temporary freeze on rates for borrowers, who may then be able to refinance out of high-interest loans.

Bad Credit Debt Consolidation Loans

By:

Catherine Brock - MortgageLoan.com | April 03, 2007

Finding reliable information on debt consolidation loans for borrowers with spotty credit is challenging. You're presented with so many advertising promises that you might be unsure of what's possible or how to proceed.

Finding a Bad Credit Mortgage Broker

By:

Tom Kerr - MortgageLoan.com | February 28, 2007

Bad credit can become an impediment to fulfilling your dreams of home ownership. There are, however, solutions in the form of "bad credit mortgages." Locate a mortgage broker who specializes in these particular loans. They can do the research, uncover options and resources, and help you explore bad credit mortgage alternatives.

Finding a Bad Credit Loan

By:

Jason Giacchino - MortgageLoan.com | January 15, 2007

Credit mishaps can lead to a low FICO score, which may limit your ability to find a mortgage lender. But don't despair-sub-prime lenders often accept a score as low as 500 for bad credit mortgages. Here are some tips on finding the right lender.

Bad Credit Mortgages with No Down Payment

By:

Tom Kerr - MortgageLoan.com | January 12, 2007

Bad credit is no fun, especially when you're applying for a home mortgage. Fortunately, there are lenders who specialize in bad credit mortgages. By working with these lenders to accomplish debt management, you can turn the tide of bad credit history.

Subprime Mortgage Marketing Tips

By:

MortgageLoan.com | January 01, 2007

Thirteen is an unlucky number for the subprime mortgage market. This market reached a level of 13.5 percent of overall mortgages in 2006, according to the Mortgage Brokers Association. Unfortunately, its delinquency rate jumped to 13 percent by the end of that same year. This has led to an increasingly competitive environment in which only the smartest marketers will survive.