What is an adverse credit mortgage?

adverse credit mortgage
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What is an adverse credit mortgage?

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An adverse credit mortgage may be called by several names which are listed below. They all refer to the same basic type of mortgage, i.e. one where the applicant has a history of having problems with previous credit agreements. • Non status mortgage. • Bad credit mortgage. • Sub prime mortgage. • Non standard mortgage. • Poor credit mortgage. • Credit impaired mortgage.

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