Improve Your Credit With Credit Repair Mortgage
If a financial setback has left you in need of a second chance to improve your credit, you've come to the right place for your home loan. Countrywide Bank's Full Spectrum Lending Division developed a Credit Repair Mortgage especially for people who need to improve their credit.
And, as a combination rate loan, it offers you the added benefit of either two or three years of fixed payments. After this fixed period has passed, your loan's interest rate switches to an adjustable interest rate mortgage based on the popular LIBOR index for the remainder of the term.
Advantages of Credit Repair loans:
Improve your credit – The fixed rate feature of the loan gives you the stability you need to begin to rebuild your credit record. That's because it gives you the ability to more easily plan and follow a monthly budget thanks to a fixed monthly payment for a specified time period!
Lower initial interest rates – Credit Repair Loans feature lower initial interest rates than Credit Comeback Loans—which means lower initial monthly payments. This is an excellent choice if you're not planning on staying in your home for more than a few years or hope to refinance your loan for a lower interest rate once your credit improves.
Flexible Loan Approvals – Countrywide's Full Spectrum Lending Division can say "yes" to people across a wide range of credit backgrounds, thanks to our flexible loan approval process.
These loan solutions can help you purchase the home of your dreams, while rebuilding credit at the same time.
Worried about your credit preventing you from buying a home? We understand that people can have financial setbacks that lead to other lenders saying they have "bad credit". But don't let their lack of flexibility or inability to offer a full spectrum of loan options rob you of hope. Because Countrywide's Full Spectrum Lending Division specializes in helping people put financial difficulties behind them, we are committed to helping you find the right home loan to meet your needs and realize your dreams. Even if you think your credit is less than perfect, call us or apply because we are eager to try and provide you with a loan. We think your future is just as important as your past, and a "bad credit" label shouldn't prevent you from applying to buy a home.
Call today for a no cost or obligation loan consultation to find out what Countrywide's Full Spectrum Lending Division can do for you!
Want to learn more about improving your credit? Our Guide to Rebuilding Credit gives you practical tips and information to help you on your way to better credit.