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FAQ-Frequently Asked Questions

What is BadCreditRates.com? 

We are a FREE loan search engine exclusively for consumers.  We specialize in helping people with less than perfect credit.  We shop your loan around to find the lowest mortgage rate availables, saving you time, money and effort.  We do the work, so you don't have to!  Because we have a relationship with many lenders and deal on a volume basis, we can get you a rate that other's can't.  Our lenders specialize in many types of properties and credit situations, and can provide you with the lowest rates possible depending on your situation.

We are also committted to the principle that just because your credit may not be perfect does not mean you should be taken advantage of.  While it is true that non prime loans are a little bit more difficult to do, and that it is reasonable for a mortgage professional to charge a little bit more for these types of loans - we are against price gouging.  All of our Mortgage Brokers agree to charge the client no more than two points (on loans of $150,000 or more) and only charge normal processing fees.  If you are contacted by someone who does not adhere to our policies please let us know.

 We are a free loan search engine, so why not give us a try!

If the loan search is free, then how do you get paid?  

We make our money from the Mortgage Brokers who will contact you.

Who will contact me? 

We work with Mortgage Brokers who shop the hundreds of lenders we work with, you will receive up to four quotes from lenders with the lowest rates available for that day (interest rates are subject to change daily).  A mortgage professional will contact you to further discuss your situation and clarify any information you submit.  You are under no obligation, and however you decide to pursue things is entirely up to you.  Best of luck on your search for a loan!

If you have any further questions, please contact us. Thank you.

                 



NAMB Member                 Equal Housing Lender

This is not a commitment to lend. Restrictions may apply. Information is subject to change without notice. All loans are subject to credit approval. Equal Housing Opportunity.

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