Tuesday, August 24, 2010

What are the names of companies that offer fixed rate mortgages?

for home owners with bad credit?What are the names of companies that offer fixed rate mortgages?
Just about everyone. What you really need is someone that has programs for people with dammaged credit. Your best bet is finding a broker that is FHA approved and able to find you a mortgage with a good rate.





The people that say you will pay a higher rate are incorrect. Since the demise of subprime, you will either qualify for FHA financing or you will not. You won't pay a higher rate if you have damaged credit, a 570 credit score can get the same rate as a 770 with FHA. Make sure you are dealing with someone who knows the mortgage industry from something more than listening to the news.What are the names of companies that offer fixed rate mortgages?
Good luck finding any kind of mortgage right now, if you have bad credit. I'm sure you've heard the news lately about ';subprime mortgages.'; Find out what that's all about here:


http://en.wikipedia.org/wiki/Subprime_le鈥?/a>
All companies will offer fixed rates but with bad credit your fixed rate will be higher then someone with good credit. You are a risk.
Most lenders offer fixed rates


http://www.clientdirect.net/news/?Pub=23鈥?/a>

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