refinancing with bad credit

Submitted by sunil on Sat, 08/15/2009 - 20:36
Forums

How do you refinance your home with bad credit? My credit has been good for over thirty years but took a dive during this economic crisis. My husband and I receive monthly retirement annuity and social security checks and I consult on a regular basis

Hi sunil

Have you been repaying your loans? If you are you may be in a good position to get refinance loan on your home. Having a bad score may not always be detrimental to loans. Many companies want to see what you are doing about the outstanding loan that you have.

Tue, 08/18/2009 - 10:30 Permalink