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Bad Credit Home Equity Loan Rates

For most people with bad credit, paying higher interest rates is expected. It doesn't matter if they are trying to get a credit card or refinance a home, they expect to pay higher interest rates. The truth, however, is that there are places that can work with individuals with bad credit. They can help individuals with bad credit receive better rates on home equity loans.

Most companies that give loan information online go out and try to find other companies who will give the money. This usually means that the interest rates are going to be higher. Downs Financial is one place where people can get a lower rate on all types of mortgage loans. The reason for this is that Downs Financial is a direct lender, using our own money for home mortgage loans.

Because we are a direct lender, we can get people the loans they need at lower interest rates. In addition, we are able to work with individuals with bad credit to get them the loans they need. In fact, about 80 percent of the people that Downs Financial works with have bad credit. Having less than perfect credit should not keep people from getting the money they need.

Finally, using Downs Financial has another advantage over other mortgage companies. Once we receive the short registration form, we call applicants back within 15 minutes. This means that the process of getting much needed money starts within minutes, not days. Downs Financial has years of experience helping people, and we can help you too!

 

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