Credit Problems

9 Secrets to Improve Credit Scores Before Buying Your First Home

Mortgage interest rates are still very low, even though they started to rise at the end of 2016. Between low rates and rising home prices, many Americans want to buy their first house. But for too many, a low credit score is holding them back. Although there are more home mortgage options today for people… Read More »

Low Credit Score Home Loans and the Mortgage Lenders that Offer Them

Millions of American consumers are looking for low credit score home loans that obtainable and affordable. Has your mortgage application been turned down? This can be really upsetting too many people, but you should not despair. Just because you were turned down by a lender for a mortgage loan with low credit scores does not… Read More »

3 Real Solutions for Bad Credit Home Loans

Americans who have poor credit have long felt shut out of the house buying market, but new bad credit home loan programs may offer opportunities that were previously unavailable. After the financial crash of 2008 and 2009, many subprime mortgage programs have disappeared. With 2018 on the horizon, we can see the housing and financial… Read More »

5 Ways to Buying a Home after a Bankruptcy

Typically after recovering from bankruptcy people ask me how long it will take to qualify for a mortgage loan or how long after a bankruptcy to buy a home. Banks and mortgage lenders understand that it is normal for good people to go through financial hardships and that’s why they extend credit opportunities with new… Read More »

Pros and Cons of Refinancing a Mortgage with Bad Credit

Interest rates in 2017 are still low, with even poor credit mortgages currently at affordable levels. That is the reason that so many people are still thinking about refinancing their mortgage into a lower rate. If you can refinance into a lower interest rate, you will be able to enjoy a lower payment, and most… Read More »

Secrets to Buying a Home with Bad Credit

Home-ownership in America is at the lowest point in decades, as many people are struggling with low credit scores after the recession. Buying a house with limited or poor credit has never been simple and many people may wonder if they will ever be able to become a homeowner. Learning how to buy a home… Read More »

How to Get a Mortgage After a Bankruptcy or Foreclosure

It is not easy to refinance a mortgage if you have had a bankruptcy or a foreclosure, but the good news is it is not impossible by any means. How easy or difficult it will be will depend upon several factors, such as the type of bankruptcy you had – 7 and 13 are the… Read More »

How Subprime Mortgage Loans Help People with a Bad Credit History

Subprime mortgages are considered home loans that have a higher interest rate than prime loans and they were very popular prior to the mortgage crash. After 2009, many subprime mortgage lenders stopped offering these high risk loans. These days, it is much easier to get a subprime mortgage loan than just two or three years ago. With… Read More »

Top 5 Reasons Refinancing is Great for Consolidating Credit Card Debt

by Tom Murphy NMLS # 662141 Home Services Lending Carlsbad, CA Most Americans have several credit cards, and most people have thousands of dollars of credit card debt at high interest rates. Not surprisingly, when juggling mortgage payments, credit card payments, car payments and all the other bills of daily life, it can be easy… Read More »

Refinancing with Poor Credit Never Seemed So Easy

Mortgage rates are very low, and so are mortgage refinance rates. Refinancing your mortgage is often a good idea if mortgage rates are lower than when you took out your loan. Refinancing can reduce your monthly payment by $100 per month or more. The problem is that if you have bad credit, it can make… Read More »