Why do home loan companies advertise to get you a home loan regardless of your credit score then turn you down

Question

home loan companies that offer home loans regardless of your credit score turn you down are they want you to make large down payments or loans of 50,000 or to to try and help you are there any honest loan co. out there that will help get you a home loan for under 50,000 the house I wanted wasn't but 35,000 no one would help and by applying they took points from my score so, that makes it lower and even harder to get a home loan.Thanks alot

Answer 1

because that is their business to canvass and get commission.

Answer 2

earlier you bypass any extra you want to study about the diverse kinds of mortgages obtainable. there are a good number of folk now loosing their houses becaue they did not keep properly even as procuring their abode. Finance organizations generaly do not lend money for houses. Banks do cope with the transaction inspite of the indisputable fact that the deepest loan isn't from the bnk. you also ought to note that at the moment there have been a number of the loan conserving organizations which have lengthy previous bankrupt. procuring a house is different from a television or refrigerator. in case you do not understand then locate someone that does understand and be sensible.