|
|
|
2007-01-28 22:24:17
|
 |
Article by Trisha Dingillo |
 |
|
If you've been looking for a home and you have bad credit, you may not have had the best of luck finding financing. If banks have denied you financing for a home loan and you're starting to wonder if its possible, don't lose hope, you're merely looking in the wrong places.
Bad credit doesn't mean that you cant get a loan to buy a home. It only means that your interest rate will be a little higher than if you had good credit. Most traditional banks might turn you down with low credit scores, prior bankruptcy and foreclosure, but there are other so many OTHER more lenient resources to get you into a home.
Millions of Americans are strapped in their financial situation due to poor credit and don't know where to turn. You might think "Gosh, there's no way I can get a loan, my credit is so bad". Think again. Subprime lenders do these loans every single day.
1 day out of bankruptcy or foreclosure, buying your first home even with credit scores as low as 500, refinances with under 600 credit scores. These are the types of loans that you can find at a non traditional bank. Be aware before hand, since these are higher risk loans they come with a higher price (interest rate) Make sure that you are able to make higher payments for at least 1-2 years.
Once in your home, you can work towards fixing your credit, then refinance into a better rate and lower your monthly payment. You can finally stop throwing money away on rent and live the American dream. Your home is not only your livelihood, its also your biggest investment and your wisest choice if done correctly.
|
| Specialized in: |
Bad Credit Loan
-
Bad Credit Mortgage Lender
-
Loan For People With Bad Credit
-
Buying After Bankruptcy
-
Buy A House After Foreclosure
-
Poor Credit
-
Foreclosure
|
| URL: |
http://www.americanloan4life.com
|
|
|
Related Articles |
|
Use Credit Card Debt to Prevent Bankruptcy, Not to Cause It (Popularity:  ): Why not use credit card debt to prevent bankruptcy instead of causing it? Beating collectors is so easy to do there's no need to file chapter 7 or 13 and greedy collectors can even make you rich if you will just give them a chance. You might call it backwards thinking to fit an economy that's running in reverse.It's much easier to face a debt collector who may end up ...
How to Find Good Liquidators (Popularity: ): Business have two directions—profit or bankruptcy. Once a corporate organization sustained its needs and produce profits despite of inconsistencies of market conditions, there is a no chance that they will declare insolvency, or the condition wherein their assets no longer exceeds their liability. However, if a corporate organization experienced difficulties in their business operation and it cannot adapt anymore to the drastic changes in market conditions, there is a higher ...
Edmonton Bankruptcy Series - The Appointment of an Interim Receiver in Edmonton Alberta (Popularity: ): While the use of an Interim Receiver is not seen often when dealing with consumer bankruptcies and proposals, the Interim Receiver can play a very important role when dealing with commercial situations. There are four times that you can see this type of appointment:1. After the filing of a Notice of Intention to Enforce Security but before the mandatory 10 day waiting period has expired;2. After the filing of a ...
Debt Settlement - An Alternative To Bankruptcy? (Popularity: ): Debt Settlement can constitute an alternative to filing for bankruptcy and should be taken into account when considering your possibilities if you've run into financial troubles. However, debt settlement truly is an aggressive approach to a debt elimination process and thus, also has some negative short term consequences. Nevertheless, as compared to bankruptcy the negative inputs on your credit report are completely manageable and you'll be able to recover a ...
Illinois Bankruptcy Laws (Popularity: ): Debt Relief Solutions - Understanding Illinois Laws about Bankruptcy Illinois bankruptcy laws for those residents who file Chapter 7 bankruptcy include exemptions as long as the person filing is a single person and the property is in their name only. This list is complete and anything not on this list will be liquidated if it has any value. If you are seeking more information about a specific case, you need ...
|
|
Related Business |
|
Salvage Your Credit (Popularity: ): We specialize in helping homeowners stop foreclosure with our confidential No Risk Analysis. We understand that there are many reasons why homeowners sometimes are unable to pay their mortgages and every situation is unique. At SaveMeFromForeclosure.com we take the time to meet with our clients and explain all of their options to provide comprehensive foreclosure help. We help you determine if you can Keep Your Home or if you have ...
Stop Foreclosure Houston (Popularity: ): QuickSale Home Buyers makes generous cash offers, in less than 24 hours, on homes and other real estate that needs to be sold fast - whether it's because you're facing foreclosure, filing for bankruptcy or going through a divorce.
Law Office of Brian R. Lewis (Popularity: ): Law Office of Brian R. Lewis - Bankruptcy Lawyers / Attorneys. Providing bankruptcy information including personal and business bankruptcy, bankruptcy filing, how to file bankruptcy, bankruptcy law, chapter 7 bankruptcy, bankruptcy 13, chapter 11 bankruptcy, foreclosure bankruptcy, questions and bankruptcy rules. We serving all of Eastern Massachusetts including South Shore, Boston, Lakeville, Middleboro, Bridgewater, Raynham, Taunton, Carver, Plympton, Halifax, Plymouth, Brockton, Easton, Kingston, Duxbury, Pembroke, Hanson.
Morris County Bankruptcy Attorney (Popularity: ): Our Morris County bankruptcy lawyers focus on: Debtor & Creditor Law, Chapter 7 Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Debt Settlement, Bankruptcy Litigation, Foreclosure, Mortgage Modifications and Loan Workouts & Asset Protection.
Same-Day Chicago Bankruptcy (Popularity: ): Skokie bankruptcy attorneys w/years of experience; we are extremely knowledgeable about the bankruptcy process & we help file for bankruptcy quickly & correctly. Skokie bankruptcy lawyers help to stop foreclosure, stop repossession & stop garnishment.
Chapter 7 Bankruptcy - NJ Attorney Robert Manchel (Popularity: ): The United States is having probably the most serious property owner, credit and financial series of events within the history of the nation. The financial stress and pressure that the regular US citizen is forced to endure is shocking, as joblessness rises and home losses continue at unprecedented rates. Nuisances like phone calls from debt collectors, earnings garnishments, letters from collection companies, cutoff notices from utilities, levies on your bank ...
Long Island Bankruptcy Attorney (Popularity: ): The Law Office of Ronald D. Weiss is a Long Island Bankruptcy lawyer and foreclosure defense attorney, located on the border of Nassau & Suffolk County, in Long Island, NY. For over twenty years our Long Island attorneys have represented individuals and businesses experiencing financial hardship and homeowners undergoing mortgage and foreclosure difficulties.
Colorado Springs Foreclosures (Popularity: ): Search colorado springs foreclosure listings now! Find colorado springs homes for sale and real estate with colorado springs foreclosure home search. Enjoy your new home and ALL that equity. And for all you reading this and wondering if you need to wait a couple years to buy a good deal. Well, I think Brooke’s story pretty much tells you that the time is NOW.
Chapter 13 Bankruptcy (Popularity: ): John M Crane Serving Westchester and NYC, Whether a bankruptcy or foreclosure and successfully represents clients in lower Westchester and NYC including New Rochelle, Yonkers, Mt Vernon, Bronx, White Plains and the Manhattan. John M Crane, Bankruptcy attorney representing debtors in bankruptcy proceedings Chapter 7 and Chapter 13 consumer bankruptcy.
Sypher Law Group, LLC. (Popularity: ): Sypher Law Group, L.L.C., is limited to bankruptcy law. Our bankruptcy attorneys guide our clients through the bankruptcy process so that they can get debt relief. We can explain the bankruptcy process and help you decide whether a Chapter 13 or a Chapter 7 filing is best for you. We can also advise you in matters involving foreclosure, garnishment, repossession, and divorce and bankruptcy Kansas City, Overland Park KS, Independence ...
|
|
|
|
Print article
Bookmark this page