Posted on: 01st Oct, 2009 10:07 am
I need HELP!! I currently have a mortage with a company this is charging me 15% interest rate. I owe about $17,000 on this loan. I would love to get a mortage for about $21,000 to pay off these people and get my car fixed. My problem is, my credit is not that great, and I live in a 3 bedroom, 2 bath mobile home, but its on 10 acres. I have NEVER been late on my mortage payment. I go through a privately owned bank and they are very strict. Is there anyone out there who would give me a $21,000 loan at a low interest rate and let me streatch it out for about 20 to 30 years? P.S. I have my home up for sale and when i sell it, i would pay off the loan/mortage. I just need help with a small payment right now...Thank you...
If you are selling the home that you are trying to finance, then THAT will be your first problem. Most banks do not want to get involved with that. After all, how much money can they make if you sell three weeks after you borrow the money?
Are you check with any bank?
Have you discuss it with any finantial institute?
Have you discuss it with any finantial institute?
