Archive

Study finds many renters with credit problems want to buy homes

Published by Gina Pogol on August 17, 2011 in New Home Loan . 0 Comments

Contrary to popular belief, the majority of renters are not on the sidelines because they think home ownership is a bad idea. If these folks could find new home loans for people with bad credit, they'd quit renting in a heartbeat.

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Going up? Mortgages for people with bad credit get more expensive

Published by Gina Pogol on July 19, 2011 in New Home Loan . 0 Comments

Closing costs for mortgages have increased by 8.8 percent from a year ago, according to a 2011 survey. Learn how to keep your closing costs down on a bad credit mortgage.

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Is the government killing the housing recovery?

Published by Gina Pogol on July 06, 2011 in New Home Loan . 0 Comments

Its control of FHA, VA, USDA, Fannie Mae and Freddie Mac loans gives the government a lot of influence over the housing recovery. But while many people want to buy houses, government lenders are ratcheting up standards to the point that even people with good credit can't get mortgages.

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What can you do about bad credit caused by medical bills?

Published by Gina Pogol on June 28, 2011 in Credit Score . 0 Comments

Insiders say that medical collections are causing people with otherwise good credit to be declined for home loans. How can you clear your credit report of this?

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Don't pay off collection accounts before applying for a mortgage!

Published by Gina Pogol on June 24, 2011 in Credit Score . 0 Comments

When you want good home loans, bad credit is not okay. So you want to improve your score by paying off some collections, but your score gets worse! Really?!

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Bad credit on home loans can make renting more difficult

Published by Gina Pogol on June 13, 2011 in Credit Score . 0 Comments

There may not be any shame in being foreclosed on in today's economy. However, credit problems don't just affect home loans, and for people with bad credit, even renting can be a challenge. Competition for rentals is becoming harder as more folks lose their homes, and those with poor credit scores will feel the pinch.

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Bad credit? Get help from the seller when buying a home

Published by Gina Pogol on June 06, 2011 in New Home Loan . 0 Comments

Home loans for people with bad credit can be expensive, but that doesn't mean you have to come up with the money yourself. In today's market, sellers may be happy to help you out.

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About Mortgage Credit Problems

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.

Gina Pogol

Gina Pogol

About the Author:

Gina Pogol writes for an online media company about mortgage and finance. In addition to a decade in mortgage lending, she formerly consulted for Experian and other credit bureaus, and worked as a tax accountant for Deloitte. She has a BS in Financial Management from the University of Nevada.

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Recent Comments

  • Capsiplex: Interesting idea, where can I learn more about this?
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  • Robin: If you have a bad credit history still the loan market place is full of lenders who are ever willing to offer you a...
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