mortgage with bad credit?

[david63]

How can I get a mortgage with bad credit?

[BNic]

Unfortunately, bad credit is often a real problem when it comes to getting a mortgage. However, many lenders require a score of 620 to 640 to qualify.

[woodenstamp]

I tink not. There is a general database that shows your credit score.

[marinapetrenko]

This is practically impossible to do, either contact the bank for further recommendations to improve your credit history.

[dorinposters]

I see this type of question often after the COVID-19 crisis. If you want to take a mortgage with bad credit, I recommend you improve your credit score before applying for a mortgage.

[MartinHarris]

It will be hard to do, but I think it's still possible. It's better to talk to someone experienced in that field, or to a local bank.

[SsCoobyDoO]

Well, that can be a problem. I don't think you can get a mortgage with bad credit. Usually, banks give money to people that can confirm that they have a stable source of income or something in exchange for the value you ask for.

[JohnRannalhi]

I guess that will depend on the bank.

[MarieKoffs]

As someone who has been through this, I can tell you that getting a mortgage with a bad credit history is almost impossible. Traditional lenders are generally hesitant to approve loans for people with bad credit histories because it poses a higher risk to them. My best advice is to focus on improving your credit score or find a guarantor with an excellent credit history who can vouch for you. However, I was able to change my situation when I came across this website with a list of the best no verification casinos. It allowed me to improve my financial situation through a series of wins. It is worth exploring alternatives and seeking advice from professionals in the field. Remember that persistence and determination can help you overcome financial difficulties.

[ColbyLawson]

Bad Credit Mortgages Exist: There are lenders who specialize in mortgages for people with less-than-stellar credit scores. These loans typically come with higher interest rates, but they can still be a path to homeownership.

Improve Your Credit Before Applying: If you have some time, focus on improving your credit score before applying for a mortgage. This could mean paying down existing debts, getting a credit builder loan, or becoming an authorized user on someone else's credit card (with their permission of course!).