Sentences with phrase «credit mortgage lenders resort»
To prevent this inherent danger, private bad credit mortgage lenders resort to charging high interest rates and fees.
http://mortgagebrokerstore.com/ Not exact matches
Bad credit mortgages are high risk even for private lenders who resort to charging 8 - 15 % interest.
However, as a last resort we have listed some lenders below that provide mortgage loans, have unsecured and secured personal loans, payday advances and car financing which accept applicants with bad credit.
Since most of the applicants do not fit the low - risk borrower profile that lenders prefer, most traditional lenders decline loans and bad credit, high risk borrowers have to resort to sub-prime lenders that are prepared to offer mortgage loans to those with a less than perfect credit score.