
What is a Bad Credit Mortgage Loan?
Bad credit mortgage is no different from an ordinary mortgage except for the fact that it's given to people having a bad credit history.
Introduction to bad credit mortgage loans
A myth pervades our society that individuals who have filed bankruptcy or developed bad credit will never again obtain a credit card, car loan or home mortgage.
Fed lower rate with .75% cuts
A buyer even with bad credit is able to get 100% financing on a 5.5% 30 year fixed loan. Due to the buyers market we are seeing the seller pay for all closing costs including home owners insurance and other recurring costs so that buyers are literally getting into houses with no money out of pocket at all!
Commercial Hard money Loans
Hard money comes in many varieties; one of the most common is mortgage loans espcially commercial loans.
100% Financing with bad credit in 2007
At the end of 2006 and the start of 2007 the mortgage and real estate industry as a whole experienced the biggest downward spiral in decades.
Hard Money Commercial Loans revealed!
As mortgage brokers further infultrate the commercial market we are sure to see an explosion of hard money commercial loans becoming available to more commercial investors whos only access to commercial money in the past may have been their local bank.
Is the current mortgage crisis a bad thing?
this crisis may be exactly what the doctor has ordered for this industry and for the average consumer. I will explain in detail how this crisis is improving things for the average consumer in measurable ways...