Searching for a mortgage application but you have a poor credit score? At Central Mortgages we understand that it can be difficult to be successful with an adverse credit mortgage application through the traditional high street lenders, and thatbs why we have put together a portfolio of lenders willing to work with those showing willing to pay off debt, but that currently have bad credit.
Although we can help you acquire a mortgage with bad credit, it is beneficial to start strengthening your credit to show willing when applying for credit.
Before you can start to improve your credit score you should have a full understanding of how it looks. It is possible for you to check your credit file to see what the lenders will be looking at when you apply for credit of any kind.
Once you have the credit information in front of you it is important to amend any inaccuracies, as this could be vital in the decision-making process. False or out-of-date information can harm your application.
From here you can begin to systematically reduce your debt, paying off any outstanding debt, starting with the small bills, and creating a rhythm of paying on-going bills on time and significantly reducing your debt-to-income ratio over time.
Contact our customer service team today and webll be happy to talk through your specific financial situation and put together a plan of action that allows you to be successful with a mortgage application even if you have bad credit. We look forward to assisting you with your adverse credit mortgage.
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