INDIVIDUALS WITH BAD CREDIT CAN ALWAYS GET MORTGAGES

INDIVIDUALS WITH BAD CREDIT CAN ALWAYS GET MORTGAGES

Many individuals believe that whether they have bad credit, woeful credit or a reduced credit rating they’ll certainly be struggling to get home financing. This really isn’t the scenario. The important thing is equity. You need a large down payment if you want to buy a home. You need a lot of existing equity if you want to refinance your home. With bad credit, it is hard to have a home loan for over 80percent for the value of the home. (mais…)

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