Bad Credit Mortgages Rates in New York – June 9, 2011
Purchasing a home in New York can feel a bit intimidating, especially if you are on the hunt for a home with a bad credit score.
The story goes that lenders typically don’t want to work with a person with not-so-great credit because they’re a “flight risk” when it comes to making payments. The good news is all lenders don’t feel this way.
In fact, there are some that are more than happy to work with you, even offering fair bad credit mortgage rates in the New York area.
Sub-Prime Mortgage Rates in New York, NY – 30-Year Fixed
First Preferred Mortgage at 5.347% APR with an estimated monthly payment of $622.00
Mortgage rates accurate as of publishing date and based on a loan amount of $150,000 and a down payment of 20%. Please see the financial institution about any changes and additional fees.