On both a new purchase and a refi, the best buy today is a fixed-rate loan, says Jack Guttentag of mtgprofessor.com, a top site for mortgage calculators and advice. After the grace period, a deferment or forbearance can also temporarily suspend repayment. (See explanations below.) DEFERMENT Periods when a borrower who meets certain criteria may temporarily stop loan payments. On a 30-year deal, you might pay.

Loans with bad credit

HSBC's chief in U.S. resigns after loan losses jump

Herald Tribune - ... its forecast for bad loans in ... with below-average credit, for $15.5 billion in 2003. The HSBC chief executive, Michael Geoghegan, said this month that he would shake up management after the bank increased the amount set aside for U.S. bad loans to ... Read more...


2 Executives Are Ousted at HSBC

New York Times - ... profited from the acquisition as American house prices rose and Household made money by lending to people with below-average credit records. Business in the United States now accounts for a third of HSBC’s profit — and two-thirds of its bad loans ... Read more...


Loans with bad credit

E-Loan: Mortgage, Refinance, Home Equity, Auto Loans, Savings, CDs
Offers refinancing for home loans, first and second mortgages, home equity loans, and lines of credit.New and used car financing also available.

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Online loan center featuring mortgage, auto loan/lease, home equity, credit card, personal loan, and debt consolidation services.

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Specializing in online mortgage financing.

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Our goal is to find a home loan that's perfect for you..Check rates & get a free personal quote.Home loans for all credit profiles.Close your loan in as few as 10 days

Bad Credit Home Equity Loan - Ditech.com
Ditech.com can help with your home financing needs even if you have imperfect credit.

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Specializing in refinancing and home purchase loans with branch offices nationwide.

Bad Credit Loans - Mortgage - Personal Loans - Auto Loans - Credit Cards - Bankruptcy Approved
Provides links to lenders for people with bad credit or a history of bankruptcy.

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Mortgage, Refinance, and Home Equity Loans - GetSmart.com
Resources and referral services for mortgages, debt consolidation, credit cards, auto and student loans, and business financing.