Refinancing a home loan with poor credit is just as easy as finding financing with good credit. With hundreds of lenders in the sub-prime financing market, you can find reasonable rates by comparing offers. Start by polishing up your credit report. Then find financing that best meets your financial goals.

Fix Credit Report Errors

Polishing up your credit report will make sure that you are not unduly penalized for creditor mistakes. By getting a free copy of your report, you can check for any errors. If there are mistakes, notify the reporting agency to fix them.

You can also submit a letter explaining extenuating circumstances for late payments or bankruptcies. Some creditors will offer lower rates if there was a job loss or illness. However, the information will have to be verified first, potentially delaying your application for a bit.

Research Home Loan Financing Offers

With poor credit, you can