Wednesday, March 10, 2010
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 Let People’s Choice Mortgage, VA unlock the door to your new home even if you have less than perfect credit. All lenders use your willingness to pay, your capacity to pay, and the value of your home to make lending decisions. But often they use automated tools to make decisions that can result in a rejection. People’s Choice Mortgage, VA will use humans, not computers, to look at your unique situation and find a loan that works for you!
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Loan Programs |
Advantages |
Disadvantages |
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Imperfect Credit Programs |
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- Potential for reestablishing credit if you pay your mortgage on time.
- When used for debt consolidation, you may be able to reduce your monthly debt payment
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- Higher rates
- Terms may not be as favorable
- Harder to get long term fixed loans
- Loans may have prepayment penalties
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