Bad Credit Loans | Find Bad Credit Lenders, Rates And Mortgage Loan Information

Discover The Basics Behind Bad Credit Loans

Finding bad credit loans can be challenging. While bad credit loans carry higher interest rates than traditional mortgage loans, they typically fund much very quickly than a loan from a bank. Borrowers need to be aware that bad credit lenders typically charge higher APR than traditional home lenders.

Our site lets you find all kinds of information on bad credit home loans. We give you the low down on lenders, provide comprehensive articles, a library section, calculators and much more.

Bad Credit Loan & Mortgage Articles

Want to find out more about the right type of loan for your financial situation? Browse through our article section to learn more and get educated about your next loan!

California Bad Credit Mortgage Loans

Mortgage Home Loans | Learn The Basics

Home Equity Loans and Lines of Credit

How to Raise Your Credit Score

Hard Money Loans

All Articles

Bad Credit Mortgage Calculators

Questions about how much you can afford? Use our mortgage calculators to find out how much of a loan you can take out.

Simple Mortgage Calculator

Interest Only Mortgage Calculator

Mortgage Refinance Calculator

Refinance Rates Purchase Rates Refinance Rates,    Product:                      Today        Last Week 30 yr Fixed Rate 15 yr Fixed Rate 5/1 ARM Compare rates in your area: Refinance rates provided by   Refinance Rates Purchase Rates Purchase Rates,    Product:                      Today        Last Week 30 yr Fixed Rate 15 yr Fixed Rate 5/1 ARM Compare rates in your area: Mortgage rates provided by

What Are Bad Credit Home Loans?

Bad credit home loans are reserved for borrowers who have a sub 512 credit score. It used to be that "bad credit" was an anomaly, a dead end street for borrowers. It is now estimated that 1 in 5 Americans is considered to be in this category.

While these subprime loans carry relatively high interest rates, they may be structured to provide borrowers with effective long term strategies for rebuilding credit and obtaining traditional mortgage loan rates. That is, once the loan term on your bad credit mortgage loan has expired, you will, with diligent work, have raised your credit score and will now be eligible for a better interest rate once you refinance.

Bad credit home loans are typically secured with existing equity in real estate, with most lenders requiring at least 25% after closing costs. In rare cases, a lender is willing to extend an unsecured bad credit loan that does not require equity or security against the loan. Also, see out Florida bad credit loan page.

Pre-qualifying is quick and easy. Simply fill out our 2 minute loan application and one of our lending affiliates will contact you for additional financial information.

California Bad Credit Lenders

If you have had credit problems due to damaged or bad credit along with a lower than normal FICO score, you may need to obtain a hard money or poor credit home loan. California bad credit lenders work exclusively with borrowers who have sub par or bad credit in order to find the best loan for their situation.

Are You Eligible for a California Bad Credit Loan?

To find out whether you qualify for a California Bad Credit Loan, simply fill out our 2 minute bad credit mortgage application. Once you submit the poor credit loan application, your application will be sent to up to 4 top mortgage companies who will typically contact you with 48 hours to tell you whether you qualify for a bad credit refinance mortgage loan.