good morning stephanie....i have done easy as well as difficult mortgage financing for almost 14 yrs.....i have pasted a page address from one of my websites below that will explain to you how and why it seems like some co's can close deals that other ones cannot.....please call me anytime if i can be of further assistance.
bob mcclure- mortgage now- farmington, michigan (248) 974-4444....
http://www.loaningmichigan.com/beendenied.html

Hi Stephanie,
The advertisements you are reading are just that, advertising. Advertising designed to make a company's phone ring. While "less than perfect" covers a lot of territory, I would be very leery of any mortgage company that seems to have something the others don't. There are only two kinds of money right now for residential lending, FHA (government loans) and Conventional or Fannie Mae/Freddie Mac, loans. Neither of them allow for what used to be termed "sub-prime” credit.
Also the premise about refinancing when your credit score goes up should be a huge red flag. That assumes you can get a loan to begin with given spotty credit. It's kind of the mortgage version of the "Hide the Pea Under the Sell Game",. It's sleight of hand.

If you have any other questions, please don’t hesitate to call or visit our website shown below.

Pat Palmer-Broker/Realtor
Forefront Real Estate
Forefront Mortgage

154 W. Foothill Blvd #A308
Upland, CA 91786

Phone: 909.286.1301
eFax: 909.912.8002