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Bad Credit Does Not Have to Stop You From Getting Your Next Home

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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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About admin

Serena Brown is broker and owner of Taylor-Brown Real Estate. She is the author of this blog. She has also co-authored a book entitled Should I Short Sale My Home. She has authored a e-book How to Sell My Home. She will be authoring a book on real estate investing by April of 2010 and several reports. She has dual degrees in Business Administration and Electronic Engineering Technology. She prides herself on being up to date on all trends, news, and education related to real estate to include short sale, loan modification, etc. She also makes sure her clients are abreast of how these changes will affect them financial. Therefore, stay tuned for great information in 2010.
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24 Responses to Bad Credit Does Not Have to Stop You From Getting Your Next Home

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  2. home loan says:

    Wow! Thanks for the great post

  3. I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

  4. Jessica W. says:

    Very helpful information to assist me in getting a good rate! We all need that nowadays! Thanks!

  5. CreditMaster says:

    These general aspects stated above set some clear delineations — buying a home or refinancing to get rid of excessively high rates is usually good debt, as is generating debt to buy high-return stocks, bonds and other investments.

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  15. 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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