3. Repeat until satisfied.

It is very important that each questionable item, except for erroneous personal data, is dealt with individually. If you attempt to have credit reporting agency correct several items at once, it will be easier for agency to claim that your request is frivolous or irrelevant. If they make this determination, then your requests to correct inaccuracies will be discarded. Make sure that you use a clear and concise statement indicating that accuracy or completeness of a specific item is "disputed" or "challenged". Remember that explanations of why an item might be derogatory will not help you, only actual disputes of specific items will get results you need. As soon as credit reporting agency provides you with an updated credit report indicating that disputed item has been removed from your report, you should send another letter challenging next most damaging item. Repeat this process, until each and every disputed item has been deleted from your credit report.

If you would like more detailed information about repairing your credit history including sample dispute letters to send to credit reporting agencies, you will find more details available at http://www.TrimYourDebt.com/CreditRepairGuide.aspx?src=art

Once you have used some of these techniques to boost your credit score, be persistent about contacting and applying with many different bad credit mortgage lenders. Many bad credit mortgage loan brokers claim that if they can’t do loan, then no one can. That is simply not true. All mortgage loan brokers have connections with many different lenders and loan programs. What may be impossible with one, can be very possible with another broker. If your score is around 600 or slightly higher, you will probably have a pre-payment penalty. Pretty much all bad credit mortgage loans will come with a pre-payment penalty. Talk to your lender about details of pre-payment penalty. Find out how long penalty will last and exactly how much money penalty is. How much is fine for pre-payment on loan? This is an important factor to consider when comparing lenders.

To get a approved for a bad credit mortgage loan, be persistent, work on your credit score as much as you can to get it above that 600 mark and apply with or contact many lenders to compare mortgage loan programs.

Visit here to see a list of our recommended lenders for Bad Credit Mortgage Loans.