Bad Credit Second Mortgage

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Bad credit second loans are great for people with bad credit who have a low rate on their existing 1st mortgage. Rates couldn’t get any lower, so discuss consolidating and access to cash from leading mortgage lenders.

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If you have bad credit scores other factors like combined loan to value and "debt to income" ratios will become more important than ever when qualifying for a second mortgage. Most underwriters are looking for compensating factors when it comes to making an exception for a borrower with low credit scores.