Poor Credit Mortgages
Are a type of mortgage provided by lenders who will consider people with low credit scores and adverse credit history. We deal with a range of specialist Poor Credit Lenders who can provide poor credit mortgages to applicants that fall into this category.
Can you get a mortgage with bad credit?
Yes, it is possible, but it is often much harder than if you have a good credit history. If the problems are relatively minor like a single late payment, then this won’t often be a problem. However, if the issue is a bankruptcy or CCJ in the last 6 years if ill be much harder to obtain a Bad Credit Mortgage, however not impossible but the interest rates and fees will be much higher.
How to get a mortgage with Bad Credit?
A poor credit mortgage can be achieved and if you know you are planning to buy a home in the coming months, then you could start making improvements to your credit score to help you get accepted. Start by downloading your credit report from all agencies and ensuring the data they hold about you is accurate and up to date. Any errors can be amended and should be corrected before making any application to increase your success of obtaining a mortgage with adverse credit.
How can Thomas & Co Help
We have a wealth of knowledge and experience to help you achieve your dream of owning or re-mortgaging your home even if you have poor credit, missed payments, late payments, adverse credit, etc. We deal with a range of Poor Credit Lenders who can help you get a mortgage with adverse credit.
While it is not always possible to help everyone, we will work with you to help to give you the best advice and opportunity to achieve a mortgage with poor credit.