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I specialize
in bad credit loans and mortgages and am here to answer your questions
about credit scores, credit reports, and mortgages for less than perfect
credit. Below is a list of frequently asked questions about bad credit
loans and mortgages. I want to help you find the best program available
for your unique situation. As a mortgage broker, I have many different
programs to select from that will best meet your needs and help you achieve
your goals. For a free, no obligation consultation, please complete an
online application or Sandi at
480.596.6492.
I have been turned down by another mortgage company
due to my bad credit. Can you still help me?
I recently filed bankruptcy. Can I still get a mortgage or
refinance? How long do I need to wait?
I have a tax lien with the IRS. Can I still get a mortgage
or refinance?
I am overextended and have too many credit cards. I have
not been able to keep up with all of my monthly payments. Can you help
me?
I am self-employed; it is difficult for me to verify my income.
Can you help me?
My home is in foreclosure. Can you help me save my home?
I have collection accounts and judgments. Can you help me?
Would refinancing help repair my bad credit?
I rehab properties. Do you have a program for me?
I am a small builder. Do you have programs that will fit
my needs?
Q: I HAVE BEEN TURNED
DOWN BY ANOTHER MORTGAGE COMPANY DUE TO MY BAD CREDIT. CAN YOU STILL HELP
ME?
A: YES! We specialize in bad
credit loans, debt consolidation and mortgages for less than perfect credit!
All mortgage lenders have different criteria they use for their approval
process. We have aligned ourselves with many different mortgage lenders.
Therefore, we many many mortgage programs and products to select from.
This will enable us to fit you with the right lender, thus greatly improving
the chances for you to get approved! Bad credit does not mean that there
is not a loan for you!
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Q: I RECENTLY FILED BANKRUPTCY. CAN I
STILL GET A MORTGAGE OR REFINANCE? HOW LONG DO I NEED TO WAIT?
A: YES! We have mortgages and refinances
available 1 day after your bankruptcy is discharged. If you file a chapter
13 and are still making payments we can pay off the bankruptcy with a
new mortgage or refinance.
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Q: I HAVE A TAX LIEN WITH THE IRS. CAN
I STILL GET A MORTGAGE OR REFINANCE?
A: YES! We will pay off the IRS with
the loan proceeds from your mortgage refinance. In some cases, the IRS
will negotiate a settlement with you. Thereby lowering the amount you
need to pay them. We will work with you on an individual basis to solve
these issues.
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Q: I AM OVER EXTENDED AND HAVE TOO MANY CREDIT CARDS. I HAVE NOT
BEEN ABLE TO KEEP UP WITH ALL OF MY MONTHLY PAYMENTS. CAN YOU HELP ME?
A: YES! A debt consolidation or refinanced
mortgage loan will allow us to consolidate your monthly bills into one
easy affordable payment. Depending on your situation, this could save
you hundreds of dollars per month!
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Q:I AM SELF EMPLOYED; IT IS DIFFICULT
FOR ME TO VERIFY MY INCOME. CAN YOU HELP ME?
A: YES! We have special mortgage and
refinance programs available for the self employed. There are many options.
These include "Stated Income" mortgageS. "Limited Income"
mortgages and "Bank Statement" mortgages. We will work with
you to find the right mortgage program for your unique situation!
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Q: MY HOME IS IN FORECLOSURE. CAN YOU
HELP ME SAVE MY HOME?
A: YES! We have mortgage refinances
available for foreclosures. Whether you have had a foreclosure in the
past or currently are in foreclosure, there are mortgages available! This
usually requires you to have equity in your home.
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Q: I HAVE COLLECTION ACCOUNTS AND JUDGMENTS.
CAN YOU HELP ME?
A: YES! A debt consolidation
mortgage can pay these accounts off. Sometimes you can even negotiate
to lower the pay off amounts. We have special mortgages and refinances
available to handle collection accounts, judgments and liens.
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Q: WOULD REFINANCING HELP REPAIR MY BAD
CREDIT?
A: Yes! While refinancing a
mortgage alone will not rectify your credit problems or repair your bad
credit, but it can be a useful first step toward accomplishing those objectives.
A refinance is often the only way for a homeowner to begin credit repair
and/or re-establish credit. A refinance or debt consolidation loan done
at the right time provides the homeowner with a fresh start and often
increases a homeowner's monthly cash flow by combining all monthly debt
into one reduced monthly payment, which is usually hundreds of dollars
less per month than what the bills were before the refinance. The result
is a fresh start with extra cash flow every month.
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Q: I REHAB PROPERTIES. DO YOU HAVE A MORTGAGE
PROGRAM FOR ME?
A: Yes! We are a private money
lender that can base the loan amount on the appraised value of the property
after improvements have been made. Depending on your situation, you may
not even need any money down. Our loan process is quick and can be closed
quickly.
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Q: I AM A SMALL BUILDER. DO YOU HAVE PROGRAMS
THAT WILL FIT MY NEEDS?
A: Yes! We have programs that
go up to 70% of appraised value. To qualify for these programs, you only
need to have equity in or own the land. These loans can be closed quickly.
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