Are bad credit Re-Mortgages Impossible?
by John Hasley

Of course, your interest rate will also reflect your LTV, or Loan to Value ratio. This number stems from the amount your home is worth and compared to the amount of the loaned mortgage amount. The higher the loan amount to your home’s worth, the more you will pay each month. This is true of all mortgages, no matter what you bad credit score may be.

Before signing any re-mortgage agreement, be sure to shop around to get the best deal. This will also keep any predators at bay from trying to take advantage of you as you re-mortgage your current home loan!

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