Another way to avail of home loans for women with bad credit is through the Federal Housing Administration. AN FHA loan is insured by the government. This makes lenders more complacent about giving loans to women who are lumped in the high-risk category.
Qualifying for an FHA Loan To qualify for an FHA loan, you must have at least one year of acceptable credit history. The good thing about FHA loans is that you can make as low a downpayment as possible. In fact Wholesale Jerseys , your downpayment could even be partly or fully shouldered by a non-profit organization or another government agency.
Correcting Negative Credit Rating If your negative credit rating is absolutely undeserved, have it corrected. The following are steps you would do well to follow in having the mistake corrected:
1. Request for a free copy of your credit report. Do this within 60 days after you were denied the loan. Most people do not know that annually, they are entitled to at least one free report from each of the three major credit bureaus.
2. If loan rejection is due to the information your credit bureau provided, request for the contact number of the said bureau.
3. Ascertain how, when Cheap NFL Football Jerseys , and where the mistake occurred. Then, have it corrected for free. All you have to do is submit your request for correction. You may use a dispute form or a separate sheet. Be sure to send it along with supporting documents, such as receipts or other proof of payment.
There are home loans for women with bad credit. Whether or not you deserve a negative rating, it's still possible for you to own a house. At this point, it's