| Bankruptcy and mortgage
If you''ve declared bankruptcy, it''s still possible for you to obtain a mortgage to purchase a home. However, understand that with a bankruptcy on your credit report, you''ll most likely need to obtain what''s called a sub-prime loan in order to obtain a mortgage.
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| Bond for title/contract for deed
A bond for title or a contract for deed is a method of financing a home whereby you pay for a piece of property in installments and the title is transferred to you only after the payments are made in full.
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| Mobile homes with land
Generally, if you combine the purchase of land and a mobile home into one mortgage, you can increase your chances of qualifying for a home loan as well as reduce the interest rates applied to your loan.
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| Non-conventional loans
When conventional mortgage lenders reject borrowers, it''s often because of income requirements, blemished credit, unstable employment history, bankruptcy, or any combination of these factors.
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| Self-employed
In order to assess your financial stability and capability to repay a loan, mortgage lenders often require that you provide some type of financial information to document the source of your income, such as pay stubs and information about past and present employers.
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