Posted on: 28th Feb, 2011 01:13 pm
i have a credit score of 630, income is approx. 30000 a year with rental property bringing in 1260mo and child support 1200month. the rental property i owe 25000 and want to refinance and take out 20000 for repairs and pay off about 2000 worth of collection bill son credit. who will do this. i am in tn
Hi joaneason!
Welcome to forums!
With a credit score of 630, you can get a FHA loan to refinance your existing mortgage. However, you should have equity in your property in order to get the mortgage refinance.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
With a credit score of 630, you can get a FHA loan to refinance your existing mortgage. However, you should have equity in your property in order to get the mortgage refinance.
Feel free to ask if you've further queries.
Sussane