- Consolidate Your Credit Card Debt
- Do Home Improvements
- Get Cash Out of Your Home For Emergencies
- Invest
These are the Best of the Best:
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Mortgage rates are still low. Refinance & Lower Your Payment!
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- America's #1 Online Lender
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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.
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- Competitive rates and no hidden fees
- Bad Credit OK
- New Purchases, Home Equity & Refinance
- One dedicated mortgage banker from first call to closing
- Quick Application with worthwhile results
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.
The average rate of interest on mortgage loans continues to fall and has been under 5 percent for almost all of this past year, with this recent round of rate cuts seen as the lowest for borrowers in years. The reason, many borrowers today have bad or at least less than perfect credit scores. Still a borrower with less then perfect credit an jump through a few hoops and get a fairly decen rate on a loan.
If you are looking for a home equity loan you will want to make sure you get the lowest interest rate you can get. Compare quotes online to see the best interest rate you can qualify for.
Even without perfect credit, you can probably still qualify for a home equity line of credit. Getting more financing for a home you already own is much easier than qualifying for a new purchase mortgage. People with bad credit often assume they could not qualify for a home equity loan, even though they probably could. You can consolidate your debt with the line of credit and increase your credit score.
An online home equity loan can be as much as 100% of the value of your residence or property.
Fast Processing - A home equity loan is processed very quickly. It can allow you to cash out of the equity in your home faster than any other type of residential loan.
Low Rates & Small Payments - Interest rates on home equity loans are usually very low and the minimum payments can be very small. This can save you hundreds of dollars monthly if you plan on consolidating your credit card debt.
Depending on which lender or company you work with for your home equity loan, your loan may be able to close fast, sometimes in 1-2 weeks or less. Ask your broker about that kind of information before you commit to using any certain lender.
A home equity line of credit can be more useful than a second mortgage because once you pay down the loan, you can borrow the funds again if an emergency arises. This saves you the trouble of having to complete another application to take out another loan on your house.