2006-10-19 03:24:55 · 13 answers · asked by Scott T 2 in Business & Finance ➔ Personal Finance
You may be able to get a mortgage but it will not be from a high street lender and will usually be of a higher interest rate. Also, this will show on your credit history, that you have a mortgage with a specialized company, as they all know how they are in the business, which means your rating will take time to improve, that is so long as you maintain payments to begin with
2006-10-19 03:28:11 · answer #1 · answered by SunnyDays 5 · 0⤊ 0⤋
You would be able to get a mortgage but the rates will be quite high and could you afford to keep up repayments. You need to talk to an independent mortgage adviser
2006-10-19 21:15:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, two ways.
1. Lie to the bank and forge your evidence (a heck of a lot of people do this).
2. Put down a huge deposit and use a non-high street lender. Your monthly interest charge will be so high you'll have to sell your internal organs to pay it, but it will be a mortgage.
2006-10-19 03:34:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋
yes as long as you earn enough to pay your mortgage apply online at www.surefirefinance.co.uk they can arrange loans, mortgages etc for people with very bad credit and get the best rates for those with good credit.
2006-10-19 06:58:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
with a private lender with interest rates at about 12% and even then if your credit is too bad they wont do it unless you can prove your income. If you have poor credit but its still in say the high 500 range you could get a loan from a regular lender but they wont give you 100% financing and they will make you prove your income too. basically if you make enough money and can prove it you can get a loan.
2006-10-19 03:38:19 · answer #5 · answered by grace07 2 · 0⤊ 0⤋
You need to look at your credit report again, sometimes a late payment, fraud or a clerical error can easily damage your credit status and lead to lenders refusing you credit, when you see your report you might be able delete some of these items. You can check your report free at this site: http://tinyurl.co.uk/n2vc
If you applying for a loan here is a recommended site: http://tinyurl.co.uk/65o6
2006-10-19 04:34:28 · answer #6 · answered by Ballistic 2 · 0⤊ 0⤋
No, you could try to go to http://www.nationwidebillrelief.com/homepurchase.html and see if they would approve you for a mortgage loan. See if your credit would allow you to get pre approved and then can go from there.
2006-10-19 13:08:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Probably, but you will end up so deep that you will probably lose your house!
Talk to a credit union, and see if there really is anything that can be done to HELP you, not to just get you in a house you can't afford!
2006-10-19 04:58:26 · answer #8 · answered by someoneoutthere 5 · 0⤊ 0⤋
Yes but remember you will probably get it repossessed when you fail to make the payments if that is your history
2006-10-19 03:33:13 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Not if you're currently in bankruptcy.
Theer are specialist lenders for almost all circumstances though.
2006-10-19 03:32:45 · answer #10 · answered by Anonymous · 0⤊ 0⤋