What is LendersAccept.com?

LendersAccept.com specializes in dealing with bad credit issues. We are a leading online mortgage broker site serving as a reputable and effective intermediary to offer reliable and confidential services to clients to help them find affordable bad credit mortgage programs as per their specific situations and requirements.

Is my personal and financial information safe?

Absolutely yes! We understand that in a business such as ours, safeguarding client details take the top priority.We guarantee absolute security and confidentiality of your personal and financial information. Read our privacy policy for more details.

How can I apply for a bad credit mortgage?

We offer simplest procedures to get you a bad credit mortgage as per your requirements. Spare a few seconds to fill out our simple hassle-free mortgage form. Our mortgage experts will study your individual situation and nature of requirements and will find you competing quotes from reliable lenders in your local area. You can then check the quotes and then accept the offer that best meets your needs.

Am I obligated to accept any offer from LendersAccept.com?

Certainly not! You are under no obligations to accept any offers unless you are completely satisfied. However, we would like to emphasize upon you that we only deal with the top reliable bad credit mortgage lenders in the country. We have a large network of such lenders with whom we deal with very closely. Therefore we are better equipped to bargain the best terms for you compared to any other broker or lender. Also, our years of experience makes us the best for your needs.

How much will I be charged for your services?

LendersAccept.com does not charge clients for any of the services that our site offers. Our services are entirely free-of-cost.There is absolutely no hidden cost of any kind.

Is it possible to get affordable rates on bad credit loans?

Indeed yes! At LendersAccept.com we believe that a few credit blemishes should not deny you the right to an affordable mortgage. Many a time credits are affected due to unavoidable circumstances or situations, or due to any unexpected huge expenditure. Let our mortgage experts serve as your agents and do the entire legwork for you. We will study your situation and find you an affordable deal with a reputable bad credit lender.

How does credit score affect my mortgage terms and interest rates?

Credit scores are one of the first things that a lender checks prior to offering you a mortgage. Generally credit scores ranges between 300 and 850. The higher your score the better your credits will be rated and you will be offered flexible terms and lower interest rates accordingly.

What factors affect my credit score?

Credit rating agencies use credit scoring (also called risk scoring) in order to determine your credit worthiness. Credit score is calculated based upon a formula developed by the Fair Isaac Corporation. Although the exact computation is not clear the main influencing factors are -

• Payment history
• Length of credit history
• Extent of present outstanding debts
• Any new credits
• Type and nature of the outstanding debts
• Any previous bankruptcy, foreclosures, et

How can I check my credit report?

You can apply for your credit report with any of the major credit agencies. The major credit agencies are -

• Equifax: http://www.equifax.com
• Experian: http://www.experian.com/consumer/index.html
• TransUnion: http://www.transunion.com/

It is advisable to compare credit reports from all three credit agencies as this will help you to identify if any discrepancies exist.

Is there anything I can do that will help to receive lower mortgage rates even with poor credits?

As a first step towards lower mortgage rates we would suggest that you study your credit report thoroughly and identify your specific credit problems. Check if your credits have been computed correctly. It also helps to compare credit report and FICO score from leading credit agencies. Next try to payoff outstanding balances and adopt necessary measures to rectify your credits. If you are able to convince lenders that you are a genuine borrower willing to get your credits back on track then chances are high that your sub-prime lender will offer you lower interest rates.