Its likely to have a home loan with bad credit, although youll probably pay higher rates of interest and also you might have to show up with a bigger deposit. You will find mortgages made for people who have woeful credit, plus some loan providers specialise in providing these. They are called bad credit mortgages, negative credit mortgages, or sub-prime mortgages.
Remember, you should just get home financing if you’re able to spend the money for repayments that are monthly. Continue reading