Archive for May, 2009

Disadvantages of a Bad Credit Remortgage

One of the biggest disadvantages of a bad credit remortgage is the fees. First, there is an application fee. After that, the lender may require an appraisal, title insurance or other procedures before closing the loan. Speaking of closing, there are fees for that too. In addition, you might choose to pay extra points in [...]

Bad Credit Remortgage – What Is It?

A bad credit remortgage is a remortgage for someone with bad credit.  This type of remortgage usually comes with a higher interest rate than a regular remortgage.  It may also have other undesirable terms.
When someone remortgages their home, what they are doing is getting a new loan on the property to replace the original mortgage.  [...]


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