Posts tagged: Fico Score

Subprime Mortgages and the Refinancing Boom

There are more than 19,000 mortgage companies in the U.S. and some of the largest and most reputable of them specialize in subprime mortgage refinancing.
Steven Frank, Senior Vice President of Marketing at FlexPoint Funding identifies a subprime borrower as someone with a FICO score below 620. He or she will pay between 1.5% and [...]

Saturday August 14th, 2010 in , , , , , , , , , , , , , , , , , , , , | No Comments »

Sub-Prime Mortgage Loans Who Qualifies For A Sub-Prime Loan?

Sub-Prime Mortgage Loans Who Qualifies For A Sub-Prime Loan?
Sub-prime mortgage loans are designed for those who dont qualify for A rated loans, typically those with a FICO score of less than 650. They also cater to those desiring unconventional terms, like a jumbo loan. As with any lender, to find the best financing, you [...]

Saturday July 24th, 2010 in , , , , , , , , , , , , , , , , , , , , | No Comments »

Subprime Mortgage Lenders – Sub-Prime Loans Now Available Through Traditional

Subprime Mortgage Lenders – Sub-Prime Loans Now Available Through Traditional Lenders
Sub-prime loans are becoming more readily available through traditional lenders. Even with a bankruptcy or foreclose in your credit history, you can still find financing for the purchase of your home. The key to sub-prime mortgages is to do your research and compare both terms [...]

Saturday July 10th, 2010 in , , , , , , , , , , , , , , , , , , , , | No Comments »

Subprime Lenders: Find Financing With A Bad Credit History

Subprime lenders finance high risk groups to enable them to buy a home. While you need to be aware of predatory lending practice, by researching lenders you can find a mortgage loan at a reasonable rate.
Bad Credit Factors
Before you sign up with a subprime lender, be sure that you truly have bad credit. There are [...]

Saturday July 3rd, 2010 in , , , , , , , , , , , , , , , , , , , , | No Comments »