BAD CREDIT MORTGAGE is designed for homeowners having bad credit record. If you have a bad credit record and looking for first time buyer mortgage, you can get it at competitive rates. Time has changed now, lenders also offer bad credit mortgage without being reluctant. They are aware of the general causes of bad credit.

There were times when lenders used to avoid offering loans to the borrowers having bad credit record. But now with cut-throat competition in the financial market, lenders offer bad credit mortgage to the borrowers with bad credit record.

If you are having a bad credit record, it means you are entrapped in any of the situations like: