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• Fast & Friendly Approvals…..
  GUARANTEED!
• 1-Day Out Of Bankruptcy
• Judgments, Late Payments,
  Collections…. Approved!
• No Down Payment? No
  Problem!

Testimonials-

"We didn't think that with our credit history, that we'd be able to get a loan. Bad Credit Mortgage showed us how we could still purchase the home of our dreams with No Money Down! "
- Robert and Joanne Becket, Greenville, MI

Information On Second Mortgages
Simply put a second mortgage is a second loan placed upon a piece of property

Second Mortgage Financing
The brochure also discusses what to do if problems occur and where to obtain additional useful information.

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Bad Credit Mortgage Terms

Bankruptcy — Bankruptcy is a court proceeding that relieves you of your obligation to pay some or all of your outstanding debts. Bankruptcy always has significant, negative consequences on one’s credit score.

Charge-Off — A charge-off, also known as a write-off, is an account a creditor “writes off” as a loss because of non-payment or slow payment. A charge-off is a very negative item on a credit report.

Credit Score/Credit Rating — Your credit score/rating (usually referred to as a “FICO” score) is a numerical index used by credit grantors to decide whether you are a good credit risk. When you get your credit report, you won’t receive this rating.

Mortgage Broker — A mortgage broker can be a firm or individual who, for a commission, matches borrowers with lenders. A mortgage broker takes applications and sometimes processes loans but generally doesn't’t use its own funds for closing.

Secured Debt — A secured debt is one that is tied to a specific piece of property, such as a house. The property, called collateral, guarantees repayment of the debt. If you don’t pay, the creditor can take the property back.

If you are suffering from bad credit, let us help, contact a bad credit mortgage specialist now!