Can You Refinance a Mortgage with Bad Credit? (YES!)

mortgage2Dealing with a bad credit score is never a good thing. However, there are those that do find themselves in the unfortunate position of not having good credit. For those wishing to refinance a mortgage, having a bad credit rating can really be a hindrance. (Ironically, there are cash back options on current mortgages that can greatly help in restoring a credit rating) Those with bad credit likely will be turned down by many refinance lenders. This can lead homeowners to giving up on their search. Such an attitude is not a good one because there are bad credit mortgage lenders capable of facilitating a new loan.