Getting Lenders to Offer You Low Rates on a Texas Mortgage Refinance After Bankruptcy
Improve Credit Prior to Refinancing
The average credit score in Texas is 651, quite a bit lower than the national average of 677. This is good news for you or anyone else who may have a low credit score as a result of bankruptcy or unpaid debts. Lenders will be used to offering Texas mortgage refinance loans to borrowers with less than perfect credit. Even so, you will need a credit score of at least 650 to qualify for conventional mortgage rates.
Ask for a Lower Rate
When a lender quotes you a rate on your Texas mortgage refinance after bankruptcy, ask if that is the best that can be done. Some lenders will go back and crunch the numbers until they find a better rate. Others may tell you that the first quote is the best they can do. Either way, you aren't out anything by asking.
Be Persistent
If you want to get lenders to offer you a good rate on your Texas mortgage refinance after bankruptcy, you will need to be persistent in your search for a good lender. Always contact more than one option and get a quote from each. If there is one lender offering you a lower rate, let the others know. You may be surprised to find that they can almost always meet or beat the deal.
Related Tags: bankruptcy, mortgage refinance, texas, low interest rate
Visit Alabama Lending Hub to see our Recommended After Bankruptcy Refinance Companies Who Service Alabama, whether you are looking for home purchase, refinance or a home equity loan.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Understand The Fha Guidelines Before Considering Fha Mortgage
The U.S. economy was hit hard by the global financial meltdown. In the housing sector, the crisis is - Basic Facts About Multifamily Apartment Construction Loans
When you make an investment, you surely think of getting something out of it to make the deal profit - Commercial Mortgage Refinance Loan - Ideal Solution For Financial Problems
Financial security is something which we have to plan from before. In life, there is no certainty wh - Free Government Grant Money Eligibility Requirements
All of us hear about free government grant money. But what is involved in obtaining this money? What - Top 10 Tips On Buy To Let Mortgages And Property Hunting
If you are looking for an opportunity to invest your savings or any money you have come into, there - A Few Tips On How To Stop Foreclosure
In case you are facing certain financial catastrophe caused by a loss or relocation of a job, or wha - How To Stop Foreclosure And Lose Your Residence To The Bank
In today's market, there are more and more citizens that get big loans then they use their home as a - Most Excellent Way To Stop Foreclosure - The #1 Blueprint For Saving Your Home
Just what is the best measure to stop foreclosure? No doubt you are browsing for an answer to that q - Act Fast To Stop Foreclosure
If you would like to find out how you can put a stop to foreclosure, there is not much to accomplish - Tips For Buying A Home With No Money
There is a popular belief that you can only buy a home if you have great credit. This is false becau
Most viewed articles in this category:
- Mortgage Refinancing - Rate Caps Protect You When Refinancing With an Adjustable Rate Mortgage
Adjustable Rate Mortgages can save you money when mortgage refinancing if you fully understand how t - 100% Mortgage Loans: What You Need to Know
Coming up with a 20% down payment can be a difficult task for many potential homebuyers. If you are - Home Equity Loan Pitfalls
The home equity loan came of age in 1996 when changes in the tax law eliminated deductions for the i - Mortgage Refinancing: How the Fannie Mae Weekly Yield can Help You Comparison Shop
Mortgage refinancing without knowing Fannie Mae's weekly yield is like buying a used car without kno - How to Pay Off Your Mortgage in 7 Years, Without Extra Payments
One of the most exciting new topics concerning wealth is “How to Pay Off Your Mortgage in - Mortgage Rate Comparison
Trying to get an "apples to apples" mortgage rate comparison can often be quite a hassle. Traditiona - Should I Pay Off My Mortgage Early?
Many people think that real estate debt is good debt. They think that their mortgage is their bigges - Mortgage Refinancing: Beware the Mortgage Vultures
If you are in the process of mortgage refinancing you need to be wary of overpaying for your loan. - Mortage Loans - How Much Does It Actually Cost In The End
Mortgage loans are the loans used to finance most people's first home. It is the big loan that ever - Where To Locate Home Improvement Loan Companies
Where to locate home improvement companies is a question that arises from many different people. Som