Question by kittywisdom2000: Anyone know of any good lenders for a mobile home loan?
I’ve found a really nice double wide home, but I cant find hardly any good lenders so I can get a loan with a very low down payment or no down payment. I really need all the advice possible for this loan. I would like to get it before the end of December.
This is acually a double wide home on solid foundation and on 1 acre of land in town. Thanks
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Article by Alan Lim
In present economical trend, many lenders are ready to help the people by means of bad credit home loan refinance. But, why are they ready to do so?
Are you one of those who have shameful credit history? Do not worry. Well, these are the quotations which are quite common over the public forums and blogs these days. Even ample of lenders are coming up with bad credit home loan refinance options. But, do you think they are really doing the same with the intensions of supporting your financial requirements? Surely, not! There are some factors which have made them come up with such sort of loan options for the people with poor credit.
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My husband makes six figures. We are trying to get a loan for our home we live in through VA loan. Our home we rent out is being foreclosed on so its a short sale. We are trying to buy the home we are in. We got a home loan through a company, approved and everything, but they went out of business! We made an offer on the house and we are awaiting the approval from the bank on our offer. Now we have no lender! I am trying to find a lender that will not require me to be on the loan, I am his wife, but I am a student, and I have poor credit from a previous marriage. My credit score is 500 something his is 600 something. Im not sure why this is a problem with other lenders now since a few months ago we were already approved without me on it. My question is.. Can we find a loan that does not require me to be on the loan and for them not to check my credit? I am not going to be on the loan agreement. Also please send me any of your business sites.
I wasnt specific I appoligize. I live in Southern California. We are tenants, our landlord is foreclosing, we have to move out in June. We have been dealing with this in February. We were waiting for the purchase agreement. Still waiting its a short sale. But our lender who approved us just ran out of business.
Home mortgage loans for people with poor credit are available at reasonable rates if you find the right lender. With some time spent online researching for low credit score lenders, you can base your financing decision on loan estimate numbers. Even with bad credit, you can find flexible terms, so you can find the right home loan for your budget.
The Role Of Low Credit Score Lenders
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Where are these so-called low-income home mortgage lenders I hear so much hoop-la about? I’ve been searching for months and have yet to find one that actually makes these loans. Most won’t make a loan for less than 100k. Others won’t touch you if your monthly income is less than 2k a month. The rest won’t touch you unless you have good credit. If your actually low income you can’t afford to buy anything on credit (even if you could find someone to extend you credit), thus your credit is considered poor because you don’t have any credit history. The catch 22.
i am mortgage loan officer and have a client who needs to take out a loan/refinance for debt consolidation and home improvements. he only owes a little over $20,000.00 on his home and it appraised at $220,000.00. he wants to borrow $100,000.00, so there would still be $120,000.00 of equity left. his credit is poor, thus the need for debt consolidation. and he is disabled with a minimal monthly disabilty check. ofcourse, his wife is on title aswell, but her credit is worse, but she does have a monthly income of a very modest amount. the fact that he recieves disability does show up on his credit report, however, the dollar amount does not. what can be done for this family? are there any mortgage lenders out there that have “stated disability” a program? please respond if you are a lender that can help,or have information on the subject that could help. thank you so much.
I would really like to buy a home, and receive the first time home buyers tax credit. Only my credit score is 589, and my bank gives out loans to 620 and above.
There are two ways of approaching a poor credit car loans. First you choose the car and then apply online. Alternatively, with a bad credit our expert services could help you to get free quotes from lenders and compare them to … An applicant puts up a collateral or a home equity as security: Lenders tend to reduce the risk of lending based upon your credit past. A security against car finance solution could help a borrower in securing much lower rates of interest. … …
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