Home Mortgage & Refinancing Serving Locations Throughout New York State
Call us Today: 518-782-1202

Bad Credit? Mortgages Are Available - Let Maple Tree Help!

If your credit report is less than perfect, you may wonder if you will ever be able to purchase a home of your own. The good news is, there are many different types of mortgages available, even for someone who may have been told they have “bad credit.” Maple Tree Funding can help you understand bad credit mortgage and home loan options that may be available to you if you have poor credit. We have access to low FICO lenders who are willing to work with homebuyers with low credit scores. As a result, we can offer a variety of bad credit mortgages that other mortgage brokers cannot.

There are some consistent reasons most lenders deny potential homeowners a mortgage. These can range from a recent bankruptcy to simply being overextended on your credit cards. Understanding exactly what is behind a bad credit rating, how mortgage lenders determine your qualifying credit score, and why the lender has rejected your mortgage application can help you fix potential problems.

For example, sometimes mistakes on your credit report can negatively impact your credit score. The wrong information can stay on your report for up to 10 years if that information is not disputed. Additionally, if you close accounts to try and remove them from your report, it can actually hurt, not help, your score. Finally, self-employment income can sometimes cause potential homeowners to be turned down for a mortgage, depending on how long they have been in business and the seasonality of their work. The good news is, there are bad credit mortgages available specifically for individuals in this type of situation.

At Maple Tree Funding, we help individuals throughout New York State understand their credit scores and home loan options. Whether you’re looking for a bad credit mortgage in Albany NY, wondering if you qualify for an FHA mortgage in Glens Falls or considering your mortgage options for a house in Clifton Park, Maple Tree Funding can help!

Contact Maple Tree Funding to find out if you qualify for a mortgage, even with bad credit, or fill out the form below. One of our Licensed Mortgage Loan Originators will contact you shortly!

  • This field is for validation purposes and should be left unchanged.

Quick Application

  • This field is for validation purposes and should be left unchanged.