First Time Home Buyers


Bad Credit 2nd Mortgage

Got bad credit? Here are your 2nd mortgage options.

In the market for a bad credit 2nd mortgage? We can help you access the most inexpensive, readily available 2nd Mortgage loans to use for virtually any purpose: buy a new home, refinance, home improvement, payoff credit cards, college expenses, collections or any other debt. We can help you find the best bad credit 2nd mortgage! Whether you have Bankruptcy, Foreclosure, or No Equity, we continually scan the mortgage market to find you the most competitive programs and the best interest rates for bad credit 2nd mortgages.

First Time Home Buyer Grants in Every State

Up To $10,000 Down Payment Assistance


Best Lender For Bad Credit 2nd Mortgages

Unfortunately, some lenders have experienced severe losses due to the subprime mortgage crisis.  This has caused most lenders to drastically tighten the qualification process for fear of further losses. When searching for a bad credit 2nd mortgage lender, it is important to find one that not only provides the lowest rates, but also hasn't excessively tightened its lending standards because of the subprime mortgage crisis. We recommend your local credit union. Most have an easy online application, and they do not charge any fees whatsoever to apply and receive an approval. Additionally, which such a wide array of lenders available, it will be very efficient for them to shop for and locate the lenders still willing to provide bad credit 1st mortgages. This will save you a lot of time and hassle of searching through 200 lenders one at a time. Their second mortgage line of credit is one of the most popular products they offer.

After you are approved, you will have the opportunity to lock in your rate for a period of 60 days. It is not until you give the go ahead that a $350 appraisal fee will be due. Until the time that you give the go ahead and order the appraisal, there are no fees involved whatsoever.

To keep abreast of the latest news regarding second mortgages, and specifically those for people with bad credit, please visit bad credit 2nd mortgage news.

Applying for your First mortgage with good credit is a far wiser move than applying for a bad credit 2nd mortgage.


Housing Not Yet At Bottom
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for an Economic Depression in 2011 -2012. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>

Learn to buy real estate for pennies on the dollar in today's depressed market. Click here to watch a 5 minute video for more information.

Good Credit is More Important Than Ever. Start your 30-day Free Credit Score trial to improve your FICO credit score. No Cost, No Obligation. Click here for details.

Contact Us | Privacy Policy | Terms of Use | Mortgage Terms Glossary | First Time Home Buyers Loan | First Time Home Buyer Blog | Site Map
Copyright 2002 - 2006  All Rights Reserved.