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Buy a home with bad credit

Stop Getting Turned Down for Home Loans

3 Jun , 2014  

1959441_779707978714591_8146751981586235571_nHave you tried to get a home loan and been denied again and again? You are not alone. Many just like you are turned down for home loans for a variety of reasons and it can be very discouraging and frustrating, especially when you don’t know how to fix it.

Just a few years back during the housing bubble, it seemed like everyone was getting a home and that’s not the case anymore, making it even more frustrating if you are trying to own your own home. Today’s lenders have tighter credit standards and gone are the days of easy home money.

But this doesn’t mean you should lose hope. Far too many people who have been told “no” time and time again give up because they don’t realize they can take some very simple but effective steps to improve their credit situation and put themselves into a better position for lenders to approve them.

We know this and because we are in the business of helping people, we share this knowledge with those who sign up for our program. We have PROVEN, effective methods of improving your credit score and your financial situation to get you in a home sooner.

To stop getting turned down for home loans, here are some tips:

  1. Understand the reason for the rejection. You cannot improve your situation when you don’t know why you are being turned down.
  2. Adjust your offer/reconsider your expectations. Sometimes people are just trying to get a loan for more than they qualify for. Sometimes adjusting your offer to a less expensive home will get approved.
  3. Get a second opinion. Sometimes if one lender denies you, then it’s time to get a second opinion and find out if you really have bad credit or if that lender was just more strict.
  4. Increase your down payment. Putting more money down lessens the amount of the loan and the risk factors for the lender.
  5. Find out how to make improvements to your credit. To stop getting turned down for a loan, seek methods of credit repair and new credit building. This is where we can help!

Do you stumble on No after No when it comes to owning a home? Would you like to hear a yes? Call our program today to find out how we can help you change that No into a Yes. Give us a call! 800-206-3536

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