Posted on: 22nd Apr, 2009 11:55 am
i have terrible credit. i went threw a bad divorce and chose not to have him pay half of the bad credit due to personal saftey issues. now i want to get a home build on my land, can i use the land as collateral and get a loan even though i have terrible credit?
I hate to say this but without any specific details sound like you need to wait. Pay your bills on time and work on your credit and then try to get a mortgage loan. The industry has changed so very much..