New York Subprime Home Loans
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 has access to low FICO lenders who are willing to work with New York homebuyers with low credit scores. As a result, we can offer a variety of bad credit mortgages that other mortgage brokers cannot.
Understanding How Your Credit Impacts Your Ability to Secure a Mortgage
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.
The good news is, there are bad credit mortgages available specifically for individuals in this type of situation. Your less-than-ideal credit score may not completely foreclose you from the opportunity to secure a mortgage.
Interested in working towards improving your credit score? Here are 3 simple habits you can implement to start improving your credit score.
Get The Help You Need to Secure a Bad Credit Mortgage in New York
At Maple Tree Funding, our dedicated team of mortgage professionals has years of experience helping homebuyers of all kinds – including those with bad credit – secure mortgages to purchase homes throughout the state of New York. We take pride in helping our clients achieve the dream of home ownership, and will work hard on your behalf to find a mortgage that works for your unique situation.
Contact Maple Tree Funding to find out if you qualify for a New York subprime mortgage, or fill out the form below to get the conversation started. One of our Licensed Mortgage Loan Originators will contact you shortly!