More and more mortgage companies are offering programs for people with bad credit.  There are a few things you can do to improve your chances of getting approved for a bad credit mortgage loan:

1.  Shop around - All mortgage companies offer many different loan programs.  Some mortgage loans are possible for some companies and impossible for others.  Its worth the time to shop around.

2.  Make your payments on time - Even with a previous bankruptcy, your credit score is still important in the loan making process.  On time payments even after bad credit history will still improve your score.

3.  Check your credit report for any errors - Mistakes happen on credit reports all the time.  Make sure yours doesn't have any errors that are making it harder for you to get approved than it needs to be.

Here are our recommended sources for bad credit mortgage lenders online: Mtg Lenders For People With Credit Problems:
-Updated For 2010-






When applying for bad credit mortgage loan, make sure you are current on your existing credit lines. You will want your current credit to be as good as possible.

Also, make sure to include all the income you have. If you have any equity in any stocks or other financial accounts, make sure to mention that to the broker also.

The more money you can put down on the loan, the more likely it is that you can get approved. FHA loans usually only require 3-5% down. They are also usually open to working with people with credit problems.