Welcome to Bad Credit Mortgage Refinance - We are a National Mortgage Advisory Company with a lending niche in the sub-prime mortgage industry!!! Get the cash you need to pay off credit cards or make home improvements. Mortgage rates are the lowest they have been in years! If we are unable to assist your home loan quest; the Home Loan Magician has introduced many refinance products for consumers with bad credit. We offer Low Rate loan programs for Refinancing, Hard Money Loans, & FHA Mortgages. Now you can consolidate your debts into one low monthly payment. You can also get cash out for home improvement and much more! Lower Rates translate to Lower Payments - Lower Mortgage Payments - Real Interest Savings - Borrow up 100% - Lenders will compete for your business. Finally there's a mortgage refinance loan that offers terms for people with bad credit. If you have had a loan application denied recently, give us a chance and we may surprise you with an approved loan. Site Map	Welcome to Bad Credit Mortgage Refinance; your source for mortgage refinancing, sub-prime home financing, FHA refinancing, bankruptcy consolidation, hard money 2nd Mortgages and commercial financing. We help borrowers rebound and rebuild their credit one loan at a time. Interest Only Mortgage Refinance Qualify now for an Interest Only Mortgage Loans that allow you to only pay the interest on the mortgage in monthly payments for a fixed term. This is a great refinance option if you are looking to maximize your home financing because it increases your cash flow and reduces your liabilities monthly. This mortgage option is a great short term fix until you are able to rebuild your credit. You benefit from having to pay less each month which in turn save you hundreds of dollars during the interest only payment period. Click Here for a Free Mortgage Quote Bad Credit Home Equity Loans Equity loans are different than standard home refinancing loans because they do not touch the existing 1st mortgage. In some cases, these loans are not sold to the secondary market, so our lending philosophy enables lenders to accept higher risk loans. This allows you to get approved for an equity credit line even if you have less than perfect credit. If you have good credit, you may even qualify for a no equity 2nd mortgage. These are 1st and 2nd mortgages are usually capped at 100% of your total property value. Click Here for a Free Mortgage Quote Debt Consolidation Loans If you are a homeowner, it is very smart to pay off bills with a home equity or debt consolidation loan. With mortgage rates still be reported at affordable rates, homeowners can save thousands of dollars a year by paying off high interest debt with home equity. Consolidate your adjustable rate obligations with a interest at a lower rate than credit card companies can offer. Interest may be tax-deductible! Please consult a tax advisor. Click Here for a Free Mortgage Quote Jumbo Mortgage Loans Jumbo Mortgages are home loans above the conforming limits set by Fannie Mae and Freddy Mac. B C Mortgage Refinance offers competitive fixed rate, adjustable rate and Interest-Only loans to meet the borrower’s immediate and long-term financial needs. Current limits are $417,000 for a single family, $427,150 2 family, 3 family $516,300, 4 family $641,650. B C Mortgage Refinance is capable of providing loans of up to $1 million for Primary Homes, Vacation/Second Homes and Non-Owner Occupied investment properties. Get a Quick No Cost Mortgage Quote with 100% Options. Bad Credit Mortgage Refinance offers mortgages with up to 100% financing of the home’s appraised value. Act now with either a first mortgage or break it up into a low-rate first mortgage with a piggyback 2nd mortgage or Home Equity Loan. Take Advantage of our No Cost Jumbo Mortgage Quotes. Fixed Rate Mortgage Loan Fixed Rate Loan Programs: Fixed rate mortgages are available for 30, 20, 15 and even 10 years. In a fixed rate mortgage loan, the interest rate remains fixed for the entire life of the loan. The payments (amortization schedule) which remain level for the life of the loan, are structured to repay the loan at the end of the term. The most popular fixed rate loans are 15 and 30 year mortgages. Free Mortgage Quote for Refinancing Lower your interest rate and start saving on your monthly payments. Both 30-year fixed rate or 40-year fixed rate products are available. Hard Money 2nd Mortgage Are you looking to re-establish your credit? Want to consolidate your bills and loans? Now is the time to rejuvenate your credit scores and a hard money second mortgage loan may be your only solution if your credit score has dropped below 500. Hard money lending is different than traditional refinancing because usually it involves a private lender because traditional mortgage lenders do not like lending to borrowers who have accumulated a lot of debt with fico scores that have dropped below the 500 threshold. In some cases, these loans are not sold to the secondary market, so lenders can accept a higher risk. This allows you to get approved for an equity credit line even if you have less than perfect credit. Hard money lenders typically only extend credit to borrowers who have at least 20% equity left in their primary residence. If you have credit that is poor or fair (above 500), you may even qualify for a sub-prime second mortgage. These 2nd mortgages can total up to 100% of the house’s value deemed from a residential real estate appraiser. Click Here for a Free Mortgage Quote Adjustable Rate Loans (Arm's) Adjustable Loan Programs (ARM): In an adjustable rate loan the interest rates and accordingly the monthly payments, fluctuate over the term of the home mortgage amortization. Periodic adjustments based on changes in a defined index are made to the mortgage rate. Get a Free Mortgage Quote for Refinancing Your ARM FHA Home Mortgage Loans Federal Housing Administration offers mortgage loans that are insured by the FHA for 1-4 family homes. Loan limits set by the FHA vary by area. FHA Direct Loans aim to allow first time home buyers to obtain a mortgage. There are various benefits to obtaining an FHA loan, including minimums of as little as 3% as a down payment, a portion of which may be a gift from a relative. As a direct-endorsed FHA lender, B C Mortgage Refinance uses common sense underwriting while following FHA guidelines to evaluate each purchase and refinance on an individual basis. Homeowners currently holding an FHA loan may qualify for an FHA Streamline refinancing, requiring only minimal paperwork. Mortgage Rates under 6.25%! 15, 20 and 30-year options available. Lower monthly mortgage payments with low credit scores with bad credit past is accepted with a good income for the FHA mortgage programs. Click Here for a Free Mortgage Quote Site Information Home | Loan Programs | Home Equity Loans | Mortgage Refinancing | Mortgage Quotes - Apply Now! | Home Improvement Loans | Second Mortgages | Debt Consolidation Loans | Poor Credit Home Refinancing | FHA Refinanced Loans | Subprime Refinance | VA Refinance Loans | Hard Money Refinance | Mortgage Leads | About Us | Privacy/Legal | Mortgage News Copyrighted Material | Web Directory Great Mortgage Articles 10 Home-Buying Mistakes 6 Ways to Slash Costs The Anatomy of a Mortgage Be Cautious with Home Equity Debt Borrowing Against A Home Choosing the Best Mortgage Home Equity Lines How Much Can You Afford? Refinancing Can Mean Savings Refinancing: Take The Low Road Refinancing Your Mortgage Saving for Down Payment Home Equity Loans of Credit The Tax Implications of Buying Which Improvements Pay?