Real Estate Expert Launches a New Blog on How to Buy a Home with Bad Credit

Buying a home with bad credit is possible, but it helps to know these tips. See what to look for in a lender and how to find the best.
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Philadelphia, PA (prHWY.com) August 10, 2012 - Consumers who want to learn how to buy a home with bad credit are in luck. A new website was recently launched that helps wanna be homeowners with all the information they need to satisfy loan brokers, banks and other lending institutions. It is possible for consumers with less than perfect credit to buy a home, but it may take a little extra work.

Philadelphia, Pennsylvania - Consumers who want to learn how to buy a home with bad credit are in luck. A new website was recently launched that helps wanna be homeowners with all the information they need to satisfy loan brokers, banks and other lending institutions. It is possible for consumers with less than perfect credit to buy a home, but it may take a little extra work. Buy A Home With Bad Credit,

The new website is aptly named, "Buying a Home with Bad Credit". It was launched by a real estate expert with more than thirty years of experience in dealing with lending institutions and brokers. One of the first things he advises consumers to do is to understand that the term 'bad credit' has many different meanings and each lender applies their corporate definition to the term when they consider a home mortgage applicant.

Someone who wants to buy a home should first and foremost begin making timely payments on all their current bills. Lenders will almost always request an applicant's credit report which details the applicant's credit score and credit history including outstanding loans. A credit report also contains late payment information which is why applicants are encouraged to begin making timely patients before they apply for a home loan.

"I want to thank you for creating this website. My wife and I both have very poor credit but we have enough money to put a down payment on a home. We didn't know where to begin our research until a friend shared your website's link on Facebook. We spent an entire Saturday morning getting up to speed on home loans and we took a bunch of notes so we know how to apply and get accepted!" - James Austin

The new website was launched with perfect timing, especially for people who want to buy a home with bad credit as consumers are still reeling from losing their jobs and their good credit standing after the economy went south a few years ago. In addition to publishing articles and guides on the website, the writers are giving away a free ebook which is entitled, "Credit Scores, Credit Reports & More" with a sub-title "How to Raise Your Scores & Repair Your Credit".

About

The Buying a Home with Bad Credit website is an information resource center that helps consumers in their quest to become homeowners. The website is updated on a regular schedule with new tips and tricks on how to get loans to purchase a home. The website's writers and researches are experts who enjoy sharing their knowledge with everyone online.

Contact
Carley Hust
How to Buy a Home with Bad Credit
P.O. Box 89123
Philadelphia, Pennsylvania
Web: http://www.buyingahomewithbadcredit1.com/

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Tag Words: bad credit
Categories: Finance

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