Search Our Online Directory

  • Home
  • Mortgages
  • Home Loans
  • Buying a Home
  • Credit
  • Equity
  • Foreclosure
  • Refinance
Resources
  • Apply for Home Loan
  • Home Loan Calculator
  • Mortgage Companies
  • VA Home Loan
  • Interest Rates
  • Debt Consolidation
Popular Searches
  • Bad Credit
  • Home Maintenance
  • 30 Year Mortgage Rate

Can I Get a Mortgage Loan with a Credit Score of 550?

by HomeLoan.com
Yes, you can get a mortgage with a credit score of 550, but the interest that you will pay on a 30-year mortgage can be as much as 8.5 percent (2005). In 2009, you can expect to pay three to four percent more than the interest rate that someone with good credit can get.

References

  • Credit Scores
  • Bad Credit Mortgage


Featured Articles
  • Pros and Cons of Home Improvement LoansHome improvement loans are loans that are used to pay for home repairs and improvements for the house and ...
  • What Type Of Home Loan Is Right For You?There are many different types of home mortgages that a first time homeowner or seasoned homeowner can use to buy their ...
  • Wells Fargo Halts Reverse Mortgages?Wells Fargo & Co, the fourth-largest U.S. bank, recently announced that it will no longer originate reverse mortgages because of unpredictable ...
  • Method to Pay Off a Balloon Home Equity Loan EarlyBalloon mortgages are designed to give borrowers a period of time--often as much as 10 or 15 ...
  • How Are Equity Home Loan Rates Calculated?Home equity loans provide a way for real estate owners to tap into the value of their property without ...
Contact Us

Images courtesy of Images_of_Money, trenttsd, RambergMediaImages

Sitemap | Privacy Policy

Copyright © 2023 HomeLoan.com

Inquire about this domain
800-249-7000
Inquire@WebName.com