Posted on: 28th Jun, 2010 02:28 pm
I have poor credit but i am now making enough money to pay a mortgage and fix my credit. I have an excellent rental history i have never paid my rent late in the last 2 years.
How bad is your credit? Have you had your credit report reviewed by a loan officer?
My bankruptsy has been discharged for about a yr and a half and shortly after that i had a medical bill and 2 utilities added because i was laid off from my job. I want to say my credit score was 510 I THINK the last time it was checked. i havent really checked my credit since discharge so im not really sure if everything has been decleared as BK.
Also im only trying to get a loan for 20,000. Im buying the mobile home across the street from me.
Mobile home financing is pretty tough to find as they are not considered real estate and handled more like auto loans. Either way it's going to be difficult to find financing of any kind with that score. Best to wait for a while and allow your credit to recover. Make sure to try to keep a few account open and pay them off every month. This will help your credit recover more quickly.