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Stealing home with a HomePath mortgage

Published by Gina Pogol on May 27, 2011 in New Home Loan . 0 Comments

If I told you that you could get a mortgage with 3 percent down, no mortgage insurance and no appraisal costs, would you want to know more? Of course you would!

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How does bankruptcy affect your mortgage approval?

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

Filing for bankruptcy protection can do some damage to your credit score and put you put of the running with many mortgage lenders. However, bankruptcy can also protect your credit score and help you get a mortgage if you play your cards right. Here's what you need to know.

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Does going over the limit on credit cards give you bad credit?

Published by Gina Pogol on May 16, 2011 in Credit Score . 0 Comments

When you have bad credit, new home loans and refinancings are harder to get. The lower your credit score, the bigger your down payment requirement and the higher your mortgage rate. be careful! When times are tough and you hit the credit cards a little harder, it could lower your credit score.

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Your mortgage can cause credit problems if you're not careful

Published by Gina Pogol on May 11, 2011 in Credit Score . 0 Comments

If you're having money problems and trying to decide who gets paid and who doesn't, you might be wondering how much missing your mortgage payment will hurt your credit score. Here are the facts about mortgage credit problems according to credit scoring company FICO.

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Are FHA home loans for people with bad credit?

Published by Gina Pogol on May 02, 2011 in Credit Score . 0 Comments

You've seen the guidelines saying that you can get an FHA mortgage with a 500 credit score, and you've probably read articles that refer to FHA home loans as "the new sub-prime" mortgage. But the average FHA borrower has a credit score exceeding 700--are these mortgages really available to people with bad credit?

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Have a bad credit mortgage? Consider refinancing to a VA home loan

Published by Gina Pogol on April 26, 2011 in Mortgage Refinance . 0 Comments

Did you know that only 25% of veterans and their eligible spouses use their VA mortgage eligibility? Not everyone eligible for VA financing has credit good enough to be approved for a VA loan. If you bought your home with a loan from a bad credit mortgage lender, you might be able to refinance it today with a VA home loan.

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Late on your mortgage? Here's what happens to your credit score

Published by Gina Pogol on April 12, 2011 in New Home Loan . 0 Comments

FICO recently released the info we all want on its Banking Analystic Blog, and now you know the effects of late payments on your home loans. For people with bad credit, the effect is less than it is for those with good credit. Take a look!

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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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