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· Another option is to get a co-signer. Some bad credit personal loans allow you to add a second borrower to the application to include their credit and income to improve your chances of approval. The installment loan will also appear on their credit report, however, so any late payments or delinquencies affect them as well.
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Finding home loans for bad credit isn’t for the faint of heart, but there’s good news if you’re wondering how to buy a house with bad credit. You can!
Evelyne Jamet handles loans only in New Mexico, Colorado, and California and suggests borrowers with bad credit contact a local FHA mortgage broker. At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.
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If you have bad credit or a low credit score, a mortgage lender can help you buy a home or refinance your home loan. Here are four tips that.
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