home mortgages with bad credit

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  1. – Bad Credit Mortgages. A bad credit mortgage is one where the home buyer can get approved with low credit scores based upon other positive compensating factors. A bad credit mortgage lender is taking on some additional risk and as a result, the interest rate may be slightly higher than that of a conventional loan.

    No money down mortgages with bad credit. When a mortgage lender finances 100% of a home in theory they’re taking on more risk. Because of the increased risk, lenders often have more stringent guidelines for these zero down mortgages. However, VA loans have the lowest default rate of any mortgage program.

    Whether you’re looking for an online-only lender that allows you to apply from the comfort of your bedroom, a lender with programs specifically for first-time home buyers or a mortgage company willing.