Can I take a real estate second mortgage with credit score below 500?


Yes, you can.

Bad credit real estate second mortgage loans are for people whose credit score has dropped below 500 for some reason, but they have built considerable equity. Only a bad credit lender would agree to finance a subprime real estate second mortgage.

Real estate second mortgage loans can be best located online. Run a preapproval with a bad second mortgage lender but refrain from disclosing sensitive information at this stage. Before deciding to go with a particular lender, it will be wise to ask for credentials and appropriate registration with accredited third party institution.

Usually, a bad credit real estate second mortgage quote can be obtained for free, with no obligations to the lender.

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