Simple mistakes are easily corrected by writing to the reporting company, pointing out the error, and providing proof of the mistake. You can also request to have your own comments added to explain problems. For example, if you made a payment late due to illness, explain that for the record. We have lenders that are sometimes able to overlook issues due to legitimate problems.
In cases of bad credit mortgages, at Auxilium we often do a two-step mortgage process. We start with a short-term mortgage with one lender just to get you into the market and re-established. Typically, a year or so later, we’ll look at refinancing your existing mortgage with one of our “A” lenders.
The Auxilium Team offers a complimentary consultation to start your home buying process; contact us today at 250-590-6520 (toll-free 1-855-590-6520). You can also visit us at 307 Goldstream Avenue during regular business hours. We can arrange an appointment also during evenings or weekends, to work with you.