Almega Group of Companies, Financial Planning Consultants, Plano, TX
Phone: 972-964-5100

Almega Mortgage

1800 Preston Park Blvd., Ste 145

Plano, TX  75093

Almega Mortgage

1800 Preston Park Blvd., Ste 145

Plano, TX  75093

I've had credit problems in the past. Does this impact my chances of getting a home loan?

Even with poor credit getting a home loan is still possible. A lender will consider you to be a risky borrower and to compensate for this they will charge you a higher interest rate, and expect a higher down payment usually 20%-50%. The worse your credit history is, the more you can expect to pay.