Award Emblem: Top 5 Subprime Mortgage Lenders. There are options to obtain mortgages for bad credit from bad credit mortgage lenders. Called subprime mortgages, these poor credit home loans are designed to offer homeownership opportunities to consumers whose credit score may not meet the minimum standard of a traditional lender or who might have a higher debt-to-income ratio.Home Equity Loan After Chapter 7 Mortgage. equity firm Thoma Bravo, LLC for $3.7 billion. Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. The deal is expected.