Poor credit score mortgages in Surrey provide people, whose finances have hit a speed bump, with a way to reclaim their dream of home-ownership. If you have been through a tough patch and your credit score has suffered it may not necessarily prevent you from obtaining the financing you need to buy a home. But if you’re to give yourself the best possible chance of obtaining a poor credit score mortgage it will be vital that you work with the right broker.
About poor credit score mortgages in Surrey
The fact that your credit score has absorbed some hits does not necessarily mean your desire to buy a home has been relegated to “impossible dream” status. Poor credit score mortgages are designed specifically for people like you though you will still need to curry favour with lenders. You can do that by:
- Waiting a bit for any black marks on your credit history to fade. In time they will as long as you resume a responsible posture with your creditors.
- Waiting to apply until you have a stable income and your financial situation in general is back on solid ground.
- Being honest about what happened. With today’s technology lenders will uncover the truth anyway. Being honest will help establish trust.
- Retiring as much debt as possible before applying for a poor credit score mortgage.
