Home Purchase Mortgage Calculators
Mortgage Program Calculators
We provide a detailed overview of how to get a mortgage with bad credit on FREEandCLEAR that you should review. As it relates to your individual situation, we recommend that you contact the companies with collections on your credit report and establish a plan for paying off your debt balances. Collection companies will want you to pay off any balances owed immediately but you should be able negotiate a plan to pay off the balances over time if that is more financially feasible for you. Make sure any agreements you make with the collection companies are documented in writing. As you pay down your debt collections your credit score should gradually increase over time.
We provide a thorough overview of your credit score and the mortgage process including how you can obtain your credit score for free on sites such as Credit Karma. We also provide an overview of mortgage programs for borrowers with challenging credit profiles including the FHA Mortgage Program for borrowers with a credit score as low as 580 and the NACA Program which does not require a credit score.