In this day and time with so much negative news about the credit crunch, subprime crisis or housing meltdown it is easy to get discouraged as a first time home buyer or even if you already own a home and are simply trying to get your mortgage payment down. Many news reports are telling people that there is no way that you can get approved for a mortgage if you have credit issues in this market. That is simply not true.

Yes, it will take some additional work and documentation than in previous years but it is very possible and we are seeing Connecticut home mortgages get approved every day. You cannot let all of the negative news and negative people stop you from working towards consolidating your debt to get some monthly savings. You must be prepared to document your story so that the Connecticut mortgage broker you work with will know how to present your mortgage application to the underwriter.

You also have to be prepared that there are not that many Connecticut mortgage lenders remaining who specialize in helping people after major credit issues like bankruptcy, foreclosure or multiple late payments. However, we know many lenders that are taking a serious look at Connecticut mortgage applicants who have gotten back on their feet and are making the right steps towards recovery. These are the mortgage lenders we focus on working with because we have many years of experience with them and they realize that honest Connecticut mortgage brokers are still around.

There are times that your credit past will take more time and more documentation than you want to spend. In cases like this it is important that you start with simple manageable steps that keep you moving forward, but don't get you bogged down and feeling depressed over your past. If you are worried that you have too much luggage then you may need to work with a Connecticut mortgage broker that can help you map out your road to credit recovery.

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