Question by Paul: Bad Credit Mortgage Refinance : Where can I find the lowest interest rate for a mortgage refinance?
Where can I find the lowest interest rate for a mortgage refinance in Arizona? I would like to be able to look for it online.
Best answer:
Answer by sabre
It really depends on your credit score. The higher your score the better rates are offered to you wether it be for Refinancing your Home, Auot, Credit Cards etc. etc.
Right now rates all low all over the country but if your score is not what the banks are looking for you will not get what you are looking for.
Fico Score, Debt To Ratio and value of your home.
Know better? Leave your own answer in the comments!
WAIT, work on repairing your credit first and get a better rate
Your pattern of poor financial decision-making is reflected in credit rating and will hurt your interest rate
With bad credit, you won’t get a good rate anywhere.
Try typing in ‘home loan interest rates’ or ‘arizona mortgage’ in your Google search engine and see which mortgage companies come up in the search. Then see what each company has to offer. If its unclear which links to follow, check out the search links that show up in the right hand column. If you have good credit, for the lowest rates, look for websites offering ‘wholesale rates’.
Keep in mind that interest rates are tough to compare between mortgage companies because they hinge on so many factors including your credit, term, and the type of loan you’re interested in. Instead, focus on how much the mortgage company can lower your payment. Or, pay close attention to how long the company has been in the industry, client satisfaction rate, reliability, and trust. You can typically get a good idea of how a mortgage company is received by the public through client testimonials.
You can find the list of bad credit Mortgage refinance here :
http://www.dixiloan.com/refinance-mortgage-with-bad-credit.html