Application Center
  Second Mortgage
Home Refinance

Purchase Loans
Free Loan Quotes
  Loan Programs
 
 
 

Find the Most Affordable House Loan Option for People that struggle with low credit scores.

Apply in 30 seconds with one quick, easy form.

Check mortgage financing rates and house loan programs and get a free personal quote from an experienced lender.


House Loans for Bad Credit

Getting approved for home financing can be stressful and that's why we dedicated so many professionals to helping applicants meet the requirements of housing loans with bad credit. For years, Nationwide Mortgages has been providing helpful information to first time buyers with house loans even if the borrower has limited, no or poor credit.

Get Approved Today for an Affordable House Loan with Bad Credit!

Preferred Loan Type:
Property Value:


Credit Rating:
Property Type:


  • FHA House Loans with Limited Credit OK
  • Zero Down Mortgages
  • 100% Purchase Mortgage Programs
  • Home Loans with No Deposit Required
  • No Fees to Apply
  • No PMI Options
  • Competitive Interest Rates
  • $0 or Low Down-Payment Programs

Talk to loan officers that present the various housing loan options that meet your criteria so you can make a sound decision. Choosing the right type of loan can be a critical component of your housing budget for many years.

Find House Loans for People with Poor Credit: In today's market if you have a credit score between 500 and 620 your will likely need a non-traditional mortgage or government loan program for bad credit, like VA or FHA. In the last 5-years the Federal government has increased their market-share significantly with house loans for people with bad credit. Now people have the opportunity to qualify for a FHA house loan, just one year after a foreclosure or bankruptcy.

The VA finance program has no minimum credit score requirement, but the Department of Veterans Affairs does require borrowers to be below 41% with respect to their total debt ratio. The VA product is truly the best 100% financing option for house loans with bad credit. The USDA also offers no money down house loans for rural properties. Talk to lenders today about house loans for people with bad credit.

In today's real estate climate, we are noticing many lending sources are relaxing guidelines and easing requirements. For example, in the past, the Federal Housing Administration required that applicants that had a past foreclosure or bankruptcy to show at least 36 months of timely payments. Today the FHA reduced that requirement from 36 to 12 months so applicants have new financing opportunities with competitive market rates. Many people with bad credit ratings are getting a second chance to reduce the housing expenses with a new home purchase or a refinance. How to Get a Mortgage After a Bankruptcy.

Lenders Announce Eased Credit Standards on House Loan Programs for People with Low Credit Scores

We are pleased to report that credit requirements have been eased on several mortgage programs from FHA insured and private money sources. Find out if these bad credit house loan programs would benefit you. Talk to lenders now and get help buying a home with bad credit.


Find Out What Housing Loans You Are Eligible for Today!

House Loans Bad Credit

Nationwide lenders are standing by with new programs, expanded guidelines and reduced paperwork options for new house loan programs. If you combine these financing opportunities with the lowest interest rates in the history of our country and you will find a solution for affordable housing.


Home Loan Alternatives

  • Subprime Loan Programs
  • Non-Conforming Mortgages
  • House Loans with No Credit
  • Reduced Doc-Loans
  • Buy a House with Bad Credit
  • FHA Insured House Financing

You will enjoy our automated system because it enables you to sit back at home or work and compare house loan quotes at your leisure. Get quotes from Nationwide lenders with no fees and no obligation.

Popular Articles:

What You Need to Qualify for the Best Home Buying Loans

Is Lender Paid Mortgage Insurance a Good Fit for You?

FHA House Loans Home Buying
Before You Buy Your First Home

House Buying Versus Renting

Top 9 Ways to Cuts Mortgage Closing Costs

Why the VA Home Loan is the Best Loan Program on the Planet

 

FHA housing loans have a minimum credit score of 500, but that is pretty lenient when comparing their guidelines to that of Fannie Mae or Freddie Mac. FHA is a popular choice for people looking for a house loan with poor credit. FHA is also more flexible with non-traditional credit as they are well known for approving house loans with no credit. There are key qualifiers needed for these scenarios, so discuss your credit history and financing goals with one of our loan agents today.

New Articles:
Tips for Home Security | Guide to Going Green at Home
How to Get a Home Loan with Bad Credit Scores
7 Easy Steps to Raise Your Credit Score from 600 to 700

Fixed 30-Year House Loan Rates Have Never Been Better

Nationwide is proud to extend credit to first time home buyers and for homeowners who are searching for a lender that will provide a second chance mortgage. We will introduce you to a team of mortgage loan originators that are well versed on today's housing loan products and the S.A.F.E. lending laws that were passed recently to protect American consumers. Many applicants are not aware that affordable fixed 30-year rates are available on house loans for people with poor credit scores as well.

If you were not aware, there have been many new financing provisions that have been cemented in the lending industry nationally. The scope of the Federal Truth in Lending Law was expanded in an effort to simplify the process of comparing home loans and fees between banks and mortgage companies. TILA was originally enacted to provide disclosures that would make understanding credit and loan costs easier for borrowers.


 
 

This is not an advertisement for credit. See Privacy for Details. Nothing on this web site contains an offer promise either to make a house loan or that any participating lender will guarantee any mortgage for any purpose or on any specific terms. House loans cannot be made online or be approved without an underwriter analyzing your credit score, debt to income ratio and combined loan to value.

Home | About Us | Free Loan Quotes | Articles | Warranties and Terms

©2003-2016 and beyond NationwideMortgages.net - All rights reserved. Not everyone qualifies for house loans with bad credit scores.