For those Jamaicans (and others) who own property in the U.S., you may already know that buying a home and looking for a mortgage loan is quite a stressful event. These days, mortgage lenders are becoming more apprehensive about granting loans, and if you have bad credit, it’s almost guaranteed that you won’t be successful with a mortgage application, and even if you are successful, chances are that the interest rate will be far too high for it to make sense.
With this in mind, you may want to check out Advantage Home Rates.Com. This organization exists specifically to help individuals with bad credit to get home mortgages. Through their service, you can buy a home, gain a mortgage and start building your life (especially if it was previously almost ruined by bad credit).
Notably, they offer low down payment options – just 3% to 5% down in most cases. Additionally also, they offer a number of options for self employed individuals – more specifically, they offer good small business mortgage options. So, if you’ve got bad credit and on the hunt for a market, be sure to check ‘em out!
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