Sunday, August 2, 2009

How to Refinance With Bad Credit?

To refinance a mortgage with bad credit, you'll need to show lenders you have the ability to make payments and are worth the risk. While there are many advantages to investing in mortgages in general, If you have one that has a high interest rate or the terms are not right for you, refinancing can help you get into a better situation. Most home loan lenders are willing to help you refinance, usually in a faster and easier method than getting the first loan on a home. What's important to remember, though, is that refinance with bad credit may limit your options.

2 comments:

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