| If you are a homeowner with tarnished credit you | | | | Right Lender |
| can still refinance your mortgage loan. In fact, you | | | | Mortgage refinancing with a sub-prime lender is |
| can use mortgage refinancing to rebuild your | | | | more risky than financing your home with a |
| credit and qualify for even better mortgage | | | | traditional mortgage lender. Bad credit lenders |
| interest rates. Here are the basics of bad credit | | | | often engage in predatory lending practices. |
| mortgage refinancing to help you decide if this | | | | Choosing a predatory lender when refinancing |
| type of mortgage is right for you. | | | | your mortgage could lead to overpaying and you |
| Bad Credit Mortgage Refinancing: Expect Higher | | | | could even lose your home to foreclosure. |
| Interest Rates | | | | When comparing loan offers it is important to |
| There are many mortgage lenders willing to | | | | request the Good Faith Estimate from each |
| approve your mortgage; however, you will pay | | | | lender you consider. Pay close attention to lender |
| higher interest rates and fees. Mortgage | | | | fees and closing costs found on the Good Faith |
| refinancing for homeowners with tarnished credit | | | | Estimate. The origination fees you pay should not |
| may require a type of specialty lender known as | | | | be higher than 2% of the loan amount for bad |
| a "Sub-Prime" mortgage lender. Because you will | | | | credit mortgage refinancing. You can learn more |
| pay more it is important to carefully research | | | | about your bad credit mortgage refinancing |
| mortgage offers and comparison shop for the | | | | options, including costly mistakes to avoid by |
| most competitive interest rate. | | | | registering for a free mortgage tutorial. |
| Bad Credit Mortgage Refinancing: Choosing the | | | | |