4. Ask real estate appraiser what percentage of their work is performed in neighborhood in which property is located. Appraisers who do a lot of their work or live in a particular area often have a deep knowledge of property values in that area. Additionally, they are more likely to know how “neighborhood variables” such as school districts and fire departments affect property values in area.

5. Lastly, find out if property appraiser has experience performing appraisals for consumers as opposed to real estate professionals. Mortgage brokers and loan officers have distinctly different needs than homeowners. An appraiser who understands needs of homeowners is more likely to help you learn about appraisal process and answer questions you may have along way.

Talk with many different mortgage loan brokers, if you can, have one mortgage loan broker pull your credit and then ask him/her what your credit score is. Then, go to all other lenders you want to apply with and tell them your situation, with your credit score, income and down payment information. Have them give you some estimates of what they can do before they ever pull your credit.

There are many things you can do to boost your credit score, but before you let your bad credit keep you from getting into a home, be persistent and make sure you have applied with or talked with as many different mortgage lenders or mortgage service companies as you can. If you can apply online, that is a fast, easy way to apply with many mortgage lenders and get responses quickly.

To see a list of our most recommended bad credit mortgage lenders who can help you with refinancing, purchasing, getting a 2nd mortgage or home equity loan, visit this page: Recommended Bad Credit Mortgage Lenders