You are here: Homepage >>
Frequently Asked Questions
Frequently Asked Questions (FAQ)
Q: Can I qualify for a refinance with a
previous bankruptcy?
A: Despite any previous Bankruptcy you are still able to qualify for
Mortgage Refinance.
Q: Can I refinance if I am currently in
bankruptcy?
A: No – Mortgage refinance is not possible if you are currently in
bankruptcy.
Q: Can I refinance my house if it is currently in
foreclosure?
A: Mortgage Refinance is possible before a court order is issued to your
lender to sell your home. After such an order is issued it is difficult to
gain lender agreement for refinance.
Q: How Long Would Mortgage Refinance Take?
A: Bad Credit Mortgages specialize in fast
Mortgage Refinance. In most
circumstances your refinance can go through in 2-4 weeks. A lot depends on you
providing the required supporting documents as they are requested.
Q: How Much Deposit of Equity do I require with a
Bad Credit Mortgage?
A: n most circumstances we recommend that you have at least 20% deposit or
Equity. While you are able to borrow up to 90%, it becomes very expensive to
do so and is best to be avoided.
Q: What interest rate will I be paying?
A: Your interest rate will depend on the lender that your loan is placed
with but in all cases the rates we offer are extremely competitive and are
second to none.
top Ask Your Questions
about Bad Credit
|