Bad Credit Home Mortgage Refinance

Lenders Nationwide has mortgage refinancing options for all types of borrowers. Refinance your home for payment reduction, cash out, debt consolidation or simply accessing additional cash. Refinance loans can be a valuable tool for many purposes . Get a traditional Rate & Term Refinance mortgage or consider a Cash-Out Refinance while the interest rates are still below seven percent nationally.

Find a Local Broker or Mortgage Lender in your neighborhood! Search for lenders and shop interest rates with the top home mortgage lenders online. Get free quotes for mortgage refinance and with programs for bad credit, rate and term, debt consolidation and cash out.

Mortgage Refinance Features:

• 15,30 and 40-year fixed rates
• Negative Amortization: 80-10
• Interest Only: 2/28, 3/27, 5/1, 7/1, 10/1 ARM’s

Full Documentation and 12 Month Personal and Business Bank Statements

• Loan amounts up to $2,000,000 for Full Doc and Personal Bank Statements
• Loan amounts up to $1,000,000 for Business Bank Statements
• Minimum 500 FICO and above for Full Documentation and 12 Month Personal Bank Statements
• Minimum 560 FICO and above for Business Bank Statements

Stated Income and Reduced Documentation

• Loan amounts up to $1,000,000
• Minimum 600 FICO for Stated Income
• Minimum 500 FICO for Reduced Documentation

Home Loans for borrowers with less-than-perfect credit, using Lenders Nationwide's flexible policies regarding bankruptcy, outstanding debt, and foreclosure.

• Collections/Charge-offs/Judgments (title not affected) greater than 36 months are not required to be paid off (not required to pay medical collections)
• Fewer restrictions for bankruptcy and foreclosure
• Broker credit reports used
• Full package incentive (up to 50 bps points rate reduction)
• Up to 1x120+ housing payment history allowed
• Rolling 30's and 60's allowed up to 6:1 ratio
• Up to 6% seller contributions allowed up to 100%LTV