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Thread: Need a Mortgage with Bad Credit?
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  #5  
Old 04-02-2007, 04:32 PM
chrissie1101 chrissie1101 is offline
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Join Date: Apr 2007
Posts: 30
I agree. We got a mortagage even with a bankruptcy on file. The house will always be the collateral. Mind you, your rates are not going to be pretty. But after 5 yrs you can transfer and get a better rate if you have a good payment history.
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