who does the best mortgage deals for people with a not so great credit history
2007-03-12 06:12:48 · 9 answers · asked by russ n 1 in Business & Finance ➔ Personal Finance
Try this site for advice, and see what you can come up with:
http://www.fool.co.uk/mortgages/compare-mortgages.aspx
(2006 Best Mortgage site of the year)
2007-03-12 08:54:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There isn't a best "mortgage company". Mortgage companies just lend you the money and you repay as in the agreement.
The difference is the loan originator or loan officer. The L.O. can give you the lowest rate and make a little money or give you a high rate and make a lot of money. OR charge points/origination fees which raise your closing costs. OR do both and really hit you hard on rate and closing costs.
I've been in retail lending (at a bank) and a wholesale (shop for a rate) loan officer and the wholesale is the best deal for the consumer.
I'm at Mark@AmericasBestRates.com if you'd like a quote or advice.
2007-03-12 19:09:09 · answer #2 · answered by mandtharbour 1 · 0⤊ 0⤋
Depending on what state you are located in I might be able to help you. My mortgage company deals with people with less than perfect credit. Send me an e-mail and I will respond with some information on my company and ways that we can help you out.
2007-03-12 17:04:33 · answer #3 · answered by Amber J 2 · 0⤊ 1⤋
list of UK companies. have to look at each one which one has good rates for people with not so great history. all the best
2007-03-15 19:19:53 · answer #4 · answered by bidia 3 · 0⤊ 0⤋
You just have to shop around. Make sure you know your credit scores and history before shopping. Don't let them pull your credit until you decide.
good luck.
2007-03-12 13:17:52 · answer #5 · answered by voandginger 4 · 1⤊ 0⤋
Get an independent Financial Advisor (IFA). These will run a credit check on you then search through their database.
Be careful – IFA’s either work on commission so may push you towards one which favours them. IFA’s, which you pay for, are of course totally independent…but at your cost!
Either way keep a cool head and remember these are working for you!
2007-03-12 13:26:11 · answer #6 · answered by MrC 1 · 0⤊ 1⤋
For me it was five stars Mortage company i don,t have good credit either email me if you want help
2007-03-12 14:37:00 · answer #7 · answered by pattibcacl 6 · 0⤊ 0⤋
Try visiting http://www.mortgageawareness.com for free information on bad credit home loans.
2007-03-12 13:16:18 · answer #8 · answered by Anonymous · 0⤊ 0⤋
go to a specialist mortgage adviser
ask estate agents they can recommend one for you
2007-03-12 13:15:58 · answer #9 · answered by me 5 · 0⤊ 0⤋