If you have bad credit but are in need of a 2nd mortgage loan on your home.  Understand that there are many different types of second mortgages you can get.   It depends on whether you want a revolving line of credit or a one time installment loan.

Make sure you shop around for the best lender.  Try to get get loan quotes from 2-3 different lenders before you decide to commit to the loan.

Recommended Bad Credit Second Mortgage Lenders:

Top Recommended Companies To Refinance With:
(updated ):

We analyze lenders based on:

• Does the lender have a "damaged credit" or subprime mortgage loan program?
• How popular is the company among other borrowers with bad credit history?
• Are they a solid, reputable lender?
• Other factors

One reason to apply with a recommended bad credit mortgage lender, is that some subprime lenders practice what is called predatory lending.  They have excessive fees and interest rates that are unreasonably high.  They offer this, knowing that some people will take it knowing they cannot get a better offer.  That is why it is important to educate yourself about the loan process before you sign on the dotted line.

To compare offers, many times you don't even need to have your credit score pulled.  You can be referred to a lender or program just based on your application and description of your credit history.