Comments on: Q&A: Does anybody know of any companys that will finance homes with no or bad credit? http://www.attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/ Thu, 03 Nov 2011 13:44:25 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: donfletcheryh http://www.attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/comment-page-1/#comment-13 donfletcheryh Wed, 24 Aug 2011 11:31:16 +0000 http://attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/#comment-13 It appears that the whole sub prime mortgage problem has arisen because too many lenders have been doing just this, and then selling the mortgages to investors as asset backed securities. Some how they have even managed to get insurance from insurers who have not had much money to cover the risks. Look around, there are probably a few or those SOBs out there still. It appears that the whole sub prime mortgage problem has arisen because too many lenders have been doing just this, and then selling the mortgages to investors as asset backed securities. Some how they have even managed to get insurance from insurers who have not had much money to cover the risks.

Look around, there are probably a few or those SOBs out there still.

]]> By: TireBiter http://www.attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/comment-page-1/#comment-12 TireBiter Wed, 24 Aug 2011 11:07:05 +0000 http://attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/#comment-12 The rules are changing because of predatory lending which has caused the housing crisis that our nation's currently in but there are or at least were lenders who lent to buyers facing that challenge. These companies would probably consider you a "sub-prime" loan and your interest rate would be higher than average. Educate yourself on the different type of loans available prior to starting the process. Best of luck! =) The rules are changing because of predatory lending which has caused the housing crisis that our nation’s currently in but there are or at least were lenders who lent to buyers facing that challenge.

These companies would probably consider you a “sub-prime” loan and your interest rate would be higher than average. Educate yourself on the different type of loans available prior to starting the process. Best of luck! =)

]]> By: Rev. Al Po http://www.attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/comment-page-1/#comment-11 Rev. Al Po Wed, 24 Aug 2011 10:35:59 +0000 http://attendeeinsurance.com/blog/2011/08/24/qa-does-anybody-know-of-any-companys-that-will-finance-homes-with-no-or-bad-credit/#comment-11 I doubt many companies will take questionable credit in this economy, but keep looking. How do you plan to pay for the mortgage? How much do you have to put down? How much cash reserves will you have after buying? These are questions to answer. I doubt many companies will take questionable credit in this economy, but keep looking.

How do you plan to pay for the mortgage? How much do you have to put down? How much cash reserves will you have after buying? These are questions to answer.

]]>