Posted on: 27th Feb, 2014 09:42 am
Paid $325,000 for Texas farm in 2008.
Put $175,000 down payment. Seller financed.
Have balance of $150,000. Self employed. No car loans, equipment etc. Had hard times between 2009 and 2013. Now back on track.
Seeking refi with 575 credit score. Where do I go?
Put $175,000 down payment. Seller financed.
Have balance of $150,000. Self employed. No car loans, equipment etc. Had hard times between 2009 and 2013. Now back on track.
Seeking refi with 575 credit score. Where do I go?
With a credit score of 575, it is pretty impossible to get a mortgage refinance loan within your means. Even if you wish to take out an FHA loan, the minimum credit score needed is 620. So, you have to increase your score.