Bad Credit Mortgages

Subprime Mortgage Info for borrowers with bad credit

The following are excellent links to websites about Subprime Mortgages

Hud - U.S. Department of Housing and Urban Development - Typically, subprime loans are for persons with blemished or limited credit histories. The loans carry a higher rate of interest than prime loans to compensate for increased credit risk.

The Federal Reserve Board - Subprime Mortgage Lending: Benefits, Costs, and Challenges

AARP - Subprime Mortgage Lending and Older Borrowers

Freddie Mac -What is Freddie Mac's position on subprime mortgages with prepayment penalties?

San Francisco Federal Reserve Bank- Subprime Mortgage Lending and the Capital Markets

Full Spectrum Lending

ERATE provides a debt consolidation calculator and additional information about Bad Credit Mortgages / Subprime Loans

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