Homebuyers with a FICO score of 620 have bad credit. Although their credit history has been poor, it doesn not mean they cannot obtain a mortgage loan. Ocean Pacific Capital, since 1977, has helped out many borrowers with bad credit by offering them one of many bad credit home mortgage refinance loans.

Credit reports play a huge role in the application for a home loan. Those who possess bad credit have a higher risk to lenders, and therefore these borrowers usually receive mortgages with higher interest rates. The worse your credit is, the higher will be the mortgage interest rate. It is possible to fix your credit by making all your payments on time and paying off all overdue debts, however this can be a long recovery process. For those who do not wish to go through the long-term recovery process, getting a mortgage loan from a lender that deals with bad credit mortgages could be a good option.

Call us today toll-free at 1-800-595-1474 or fill out our online loan application.