Bad Credit Does Not Have to Stop You From Getting Your Next Home
Posted By admin on July 25, 2009
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Have you imagine unlocking the door to your new home, but are afraid to try for that home due to bad credit?
Stop imagine, and give your credit and you a chance. Advantage Mortgage offers the loan that will meet your needs even with bad credit. The company offers many opportunities for someone with challenged credit such as,
- bailout/foreclosure loans
- lease and buy back
The bailout/foreclosure loan is for anyone who may be facing foreclosure an option that will help the homeowner keep his or her home. The homeowner will need to have a credit score of over 500 and have some equity in his or her home to qualify. It is important to note that the homeowner will have to pay a higher interest rate, but it is worth it if the homeowner is able to stay in his or her home.
As a reward for the troubled homeowner paid the bailout mortgage on time for one year, the company offers a refinance to the homeowner at a lower interest rate.
With the lease and buy back program, the homeowner leases the home from the bank for one year until the homeowner gets his or her finances back in order and then the bank allows the homeowner to purchase the home back at the same price that the bank paid for it.
If you are interested in any of the above products, please fill out an application.
Originally posted 2009-05-15 13:55:31. Republished by Blog Post Promoter
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According to a recent report by Meredith Whitney, an analyst with Oppenheimer & Co., the Americas biggest credit- card lenders— Bank of America, Citigroup, JPMorgan Chase, American Express and Capital One— could cut as much as 2 trillion in consume…
credit repair company…
Although you might think you only need to fix your credit report by talking to Equifax or one of the bureaus, you’ ll have the best luck if you also contact the creditor. Generally, you’ ll want to speak to the billing department because they are t…
Loans for those with bad credit are certainly hard to find right now, but if you look hard enough there are pockets of liquidity.
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