Posted on: 02nd Apr, 2010 11:08 am
My credit score is 590, not because I have bad credit, it's just because I have a credit card debt of $45,000
My husbands is 620. I was told by a lender our debt ration was 60%. Is there any possibility at all of getting a construction loan to build. We have a $20,000 down payment. The land we want is $20,000 and the house will be around $140,000.
Do I have any hope at all of making this happen??
My husbands is 620. I was told by a lender our debt ration was 60%. Is there any possibility at all of getting a construction loan to build. We have a $20,000 down payment. The land we want is $20,000 and the house will be around $140,000.
Do I have any hope at all of making this happen??