Monday, 20 July 2009

Why would I need a bad credit mortgage?

Bad credit mortgages

Having a bad credit rating doesn't mean you can't get a mortgage.

At Think Money, we specialise in finding mortgages for everyone, regardless of financial history. We work with a wide range of lenders, so there's an excellent chance we can find the perfect mortgage for you, whatever your circumstances.

If your credit history isn't as good as it could be, many mortgage providers won't give you a mortgage. Being refused isn't just depressing – multiple refusals in a short space of time can look bad on your credit file, making it even harder to find the mortgage you're looking for.

It's another good reason to talk to Think Money. Different mortgage providers have different ideas of what's important, and we've worked with a wide range of them for a long time. We'll know who's the most likely to say 'yes' to someone in your situation, giving you the mortgage you need.

Remember: Making regular payments to a mortgage is a good way to improve your credit rating.

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