Having bad credit doesn’t mean you are unable to buy a home or refinance a home.
As an independent mortgage advisor I have access to 50+ lenders who have options for clients who have damaged credit.
The most important part of getting a Subprime is the equity or the down payment. The higher the down payment or the equity the stronger the application is. The rates on Subprime mortgages can be 1-2% higher than typical bank or credit union mortgages to account for the higher risk in lending.
The upside to these types of mortgage is that you are able to purchase a home and build equity or keep your current home and repair your credit then return back to best rates in 1-2 years.
I will do my best to find you the very best Subprime mortgage available on the market!