Guaranteed Mortgages? 
What you need to know.

The most important thing to remember at this stage is there are not many lenders who will offer a guaranteed mortgage without it subject to some form of terms or conditions. Mortgage lenders are in fact buying a property on your behalf of which you will repay them over an agreed term. It stand to reason that a lender would need to assess the risks before handing over such a large sum of money.  To safeguard their investment they will need to get a valuation of the property and check your credit reference. If you have bad credit the chances of approval become less likely as you will be considered a high risk.

How to get a Mortgages with bad credit. 
Improve your credit score.

You will first need to improve your credit score. There are companies on the internet that can do this for you for a fee and we have listed some of these on this site. You can also do it your self and this can be done easier than you think. But before you begin any credit improving it is important you do not apply for credit until you have carried out some basic checks with the credit reference companies. At this early stage applying for credit and getting refused can have a diverse effect on your credit score.

First contact the credit reference agencies and order your credit reference and check for missed bill payments, court judgments and any mistakes. If there are mistakes contact the creditors for these to be corrected it's surprising how quickly some errors can be rectified and how this can greatly improve your credit score.

If possible, pay off some of your credit card debt. if you have a large credit card balance, this will help your credit score. And remember not to open or close any credit cards if your in the prosess of looking for a mortgage or any other loan, as this may damage your credit score.

Contact to a few lenders and ask about their various mortgage offers. Find out the interest rate you would be eligible for, and shop around for the best offers and products that will suit your needs. Even with a bad credit score, some mortgage providers may offer you a loan but generly these are not the best rates. Get famillier with what's on offer and be prepared to shop around to get some competitive rates and mortgage plans. 

Get started. 
Get back on the Mortgage ladder.

All the infomation you need can be found on this website. Simply browse through the content using the navigation bar on the left and will find pages of informitive articles, resourses and products to help you improve your credit score and get the Mortgage or Loan you want.

Credit Agencies

Check your Credit Reference.

USA Credit agences:

Experian

Equifax