Bad credit mortgage. If you look that up on the internet you will be bombarded by ads from so called "loan companies" who claim to give out loans regardless of how bad your credit is. The bad news is, they are scammers. The good news is, there are some circumstances in which you can get a bad credit mortgage. Sometimes, consolidation is possible, plus there could be other ways as well. First, talk to your bank. Granted, if your credit is bad, they may not give you a loan, but try. If that fails, talk to a consolidation company. Make sure they are reputable, however. Consolidation is the most common method of getting a mortgage with bad credit. With consolidation, you are given a loan at a lower interest rate that allows you to pay off all of your current debts. There are different types of loans so read the fine print carefully. If you are in dire straights and are looking at bankruptcy due to bad credit, your lawyer will be able to assist you with that. Not all options are going to be pleasant, but the important thing is to keep your home without putting yourself further into debt.