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Author Archive for Michele Lerner

Qualifying for an FHA loan with bad credit

FHA loans, which are government-insured mortgages offered by most lenders, can be a solution for your home financing issues if you have credit problems. However, FHA loan requirements have been tightened since the housing crisis and lenders require borrowers to prove that they can repay the loan. FHA lenders have various standards, so it pays to shop around and talk to several lenders even if you get turned down by one. Complete the form on this page to reach FHA lenders and find out if you qualify for a loan.

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How to prepare for a debt-consolidation loan

If you use the convenience checks from one credit card company to pay your bill to another or for daily expenses such as groceries or your utilities, you are digging yourself ever deeper into debt. It is fairly common for consumers to avoid facing the reality of their credit card debt; but if you're ready for a real solution, then you need to take steps to develop a plan to eliminate your debt problems.

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4 steps to refinancing with bad credit

While few bad credit mortgage lenders stayed in business after the housing crisis, homeowners with credit problems still have a variety of options for home refinancing depending on their individual circumstances. To find out if a home refinance is possible for you, enter your information on this page and…

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Can you get a mortgage with bad credit?

Subprime lending, which means approving home loans with bad credit, has been blamed by some people for causing the housing crisis. While that's not the only reason home values dropped and foreclosures rose, bad credit loans are a thing of the past for many lenders. Before you give up on your dream of buying a home, though, you need to do some homework and consult with a lender to find out whether you can qualify now for a poor-credit mortgage. Complete the form on this page to find a lender.

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Factors that influence your credit-repair loan

While credit-repair scams can be found in abundance, the best way to improve your credit is to take steps to reduce your debt and to pay your bills on time. A bad-credit home loan, whether it's a home refinance or a home-equity loan, can help your cash flow, solve your debt problems and reduce your credit problems.

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Meeting your financial goals with a home equity loan

Before the housing bubble burst, home equity loans and home equity lines of credit were frequently approved for homeowners for amounts above the market value of their home. While those days are gone for good, if you have equity in your home you may be able to borrow some of it to meet other financial goals.

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5 tips to make a debt consolidation loan work for you

If you have extensive credit card debt, a debt consolidation loan may be one way to get debt relief, but beware of digging yourself deeper into debt.

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Specializing in Bad Credit Mortgages… Because Life Doesn’t Always Turn Out Like You Planned. A sick child, a few late bills, or an unexpected expense can easily get you off track and your credit may suffer, but we don't think you should miss out on the opportunities available to everyone else.

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