Bad Credit Mortgages: Everything you need to Know

Navigating the world of bad credit mortgages can be tricky. But we're here to help you prepare, choose, and apply wisely.

This guide:

  • Explains the different types of bad credit mortgages

  • Lists what to look for (& what to avoid) in bad credit mortgages

  • Helps you find a fair and reasonable mortgage lender

Over the next few pages, we examine all types of bad credit mortgages.

After reading this section, you should be familiar with all your bad credit mortgage options and, hopefully, have chosen one that meets your needs.

This mini-guide to bad credit mortgages is designed to help you choose the best kind of loan for your needs, and to help you get approved by a lender whose bad credit mortgages fit the bill (no pun intended).

There are six pages all told, so choose the one (or ones) that matches your needs the best. Who says you can't have options in the world of bad credit mortgages?

If you're just starting out . .

Read our basic guide to sub prime mortgages. We get the easy stuff out of the way here: who needs bad credit mortgages, how they differ from standard loans, you get the picture.

If you've got the basics nailed down, but want more in depth advice on how to find good deals on bad credit mortgages, try one of the following guides.

Choosing from among bad credit mortgages

This is your biggest choice. Choosing the right type of mortgage now will set the stage for how smoothly your entire loan proceeds.

We've got information on bad credit FRMs for home buyers who want stable monthly payments and have long-term living goals, and info on bad credit ARMs for buyers who want to lock in the lowest rate possible.

We've even got pages on getting a mortgage after bankruptcy and the elusive bad credit no doc mortgage.

If you haven't even thought that far, start with out basic guide to sub prime mortgages. There we'll differentiate what you should expect in bad credit mortgages, from what you shouldn't.

But the fun doesn't stop there.

Making the most of subprime mortgages

Already got an idea what type of mortgage you want? You should still take a look at our bad credit mortgage tips to minimize your costs and make sure you're getting a fair shake.

And finally . . .

Finding a good subprime mortgage lender

This is possibly the most important step of all when shopping bad credit mortgages. Where you get your bad credit mortgage can spell the difference between a financial dream and a financial disaster. Read all about the best subprime lenders here.

Next: Bad credit mortgage lenders

Get a little financial lesson every week:

Saving on taxes is a year-long process. Start learning how to save year-round by reading our weekly personal finance newsletter, with articles, tips, blog posts, and great deals that will save you money.

Subscribe here: