Problem Credit Mortgages

CLICK HERE FOR COMMERCIAL HARD MONEY LOANS FOR BAD CREDIT

Brokers - Earn extra income with Commercial loans - Click here for more information

10-29-07 NEW!! RESIDENTIAL HARD MONEY LOANS - Stated/Stated (they will require 18 month bank statements to verify that there is some form of income), 65% LTV to 70% LTV (depends on state), Loan Amounts to $5,000,000.00. Call for particulars.

Today, many people have come into tough financial situations. This can lead to poor credit scores. Some of the factors that can lead to a poor credit rating include late payments, collection accounts, credit card debt, high debt-to-income ratios, and bankruptcy, among other reasons. In addition, if you have received a Notice of Default on your loan (foreclosure notice), lenders will view that as a foreclosure, even if foreclosure doesn't actually occur. Without good credit, many people feel they will be unable to purchase or refinance a home. People may find themselves turned down by local banks or other lenders, and may therefore feel that their dreams of home ownership are up in smoke. If you find yourself in this situation, First National Mortgage Sources can help.