Posted on: 13th Jun, 2009 09:29 am
i need to take out a second mortgage on my property for a down payment on a short sale house. i currrently have my property up for sale and the lender refused me. i have a 791 credit score and owe $245,000 on a house worth $425,000. i do not want to lose the short sale as i picked it up at a great price. what can i do i need about $65,000 for down payment?
Is prostitution legal in your state?
Seriously, there are no programs available to get you that money. You would need to borrow from a friend/relative.
Seriously, there are no programs available to get you that money. You would need to borrow from a friend/relative.
My suggestion would be to do a bridge loan! Lenders will not do the 2nd because you have the house up for sale. Bridge loan will allow the house to be on the market.
A bridge loan is your best bet.
A bridge loan is your best bet.
i think suggestion from miller will work