If you are looking for a mortgage loan but have "less than perfect credit" this company has options for people with credit problems. Complete a short form and get one dedicated mortgage banker from first call to closing with a simple, straightforward process.

Mortgage rates are still low. Refinance & Lower Your Payment!
    - Get Started on a Lower Payment Now!
    - America's #1 Online Lender
    - Save More and Spend Less!
    - No Obligation and Free Expert Advice

Another Great "bad-credit" Mortgage Company! QuickenLoans is also a competitive mortgage company for people with all types of credit including poor credit. Refinance or get new mortgage offers from this reputable Web based mortgage lender.

The Role Of Sub Prime Lenders

Sub prime lenders offer people who have poor credit due to a job loss, foreclosure, or bankruptcy a way to rebuild their credit. By making regular payments on a mortgage, people can reestablish a good credit history.

High risk mortgages are seven times more likely to foreclose, so sub prime lenders charge higher rates and fees to protect themselves. Some sub prime lenders charge excessive rates and fees, which you should look out for.

Help Your Odds

Sub prime lenders determine mortgage rates with the same factors as prime lenders. Your credit history is important, but so are your debt load, cash reserves, and down payment. To improve your mortgage rates, close unused credit card accounts, keep three months of living expenses in reserve, and have a down payment of 5% or more.

Shop For Lenders

Half of all consumers begin their mortgage loan process online. You can easily compare rates and fees through mortgage lender websites. The rates listed are for a traditional borrower with a good credit history, which is a fast way to compare rates. To get quotes for your particular situation, you will need to enter your personal and financial information.

Get The Details

Several factors determine a mortgage loan’s rates and fees. Everything from your credit history to the home’s location will impact your mortgage rate. In order to get details about a mortgage loan, you will have to enter all the detailed information requested by the mortgage company.

Fortunately, online mortgage applications allow you to fill out the form at your own pace. Mortgage lenders also offer support through online chat rooms, email, or over the phone.

Finish The Deal

Once the hard part of choosing a mortgage lender is over, you can quickly finish the deal. With your online application completed, your final paperwork will be sent to you through the mail. Once you have signed the paperwork and have it notarized, your loan application will be processed and you can buy your new home.

Here are our recommended sources for subprime home mortgage lenders online: