3 Steps To Getting A Bad Credit Mortgage - part 1
by Mike Burridge
Need a bad credit mortgage, but not sure how to get one? Follow these three steps to mortgage success.
1. Find a good advisor
Most mortgages for people with poor credit ratings are only available through specialist mortgage advisors. Finding the right advisor is key to finding a good mortgage product. In the UK, all mortgage advisors must be authorised by the Financial Services Authority (FSA). Authorisation means that the advisors have met strict qualifying criteria and must abide by the FSA's rules when advising their customers Make sure that your advisor is:
* FSA authorised you can do this by checking the FSA website * Experienced - this is a specialist market and it's important that your advisor has experience. * Market knowledge - the more your advisor knows about the market, the better quality of product they will be able to find for you. * Customer service - when you are already in a stressful situation, you need a sympathetic, efficient advisor who takes the time to understand your circumstances and keeps in touch.
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3 Steps To Getting A Bad Credit Mortgage
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