Does any one know of any mortgage companies that will nouns u next to discouraging credit ,but beside lands as down paymen
i have a piece of land worth 45000 and i made a small loan on it lower than 10000 also credit is in the low 500 i would like to use my ground for a down payment
Answers:
so you have a loan on the landscape to? and you want to put that as a down payment, you cant do that if you are still paying on loan, but if its remunerated off then they might pocket it. but in order to capture a loan you cant be late on any of your bills for at least a year or more, if you own been late you wont receive approved, and a score of 500 will give you a really big interest rate, and most of your monthly payment will go to interest....
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I own doomed to failure credit, can I still bring a mortgage?
I had a bankruptcy 9 years ago, and have 2 major surgeries in the final 2 years and fell behind on my credit card payments and one of my car loans, the other is current. I own 4 current, good ...
Answers:
so you have a loan on the landscape to? and you want to put that as a down payment, you cant do that if you are still paying on loan, but if its remunerated off then they might pocket it. but in order to capture a loan you cant be late on any of your bills for at least a year or more, if you own been late you wont receive approved, and a score of 500 will give you a really big interest rate, and most of your monthly payment will go to interest....
Related Questions:
I own doomed to failure credit, can I still bring a mortgage?
I had a bankruptcy 9 years ago, and have 2 major surgeries in the final 2 years and fell behind on my credit card payments and one of my car loans, the other is current. I own 4 current, good ...