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Bad Credit Mortgages . The bad credit mortgage is often called a sub-prime mortgage and is offered to homebuyers with low credit ratings. Due to the low credit rating, conventional mortgages are not offered because the lender sees this as the homebuyer having a larger-than-average risk of not following through with the terms of the loan.
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Mortgages- When a Co-Borrower Has Poor Credit – The New York Times – The borrowers also need to make it clear why a second person is on the. about applying for a mortgage with a co-borrower with poor credit,
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What is a second mortgage loan or "junior-lien"? – Home equity loans and home equity lines of credit (HELOCs) are common examples of second mortgages. Some second mortgages are.
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