Posted on: 14th May, 2010 08:36 am
i have a hope im am going through a direct buy with owner i have been paying on this home for over 4 years and would like to know even though i dont own the home out right reaon being money is stilled owed am i allowed to refinance my cedit score is about 550 so what will be my best options
With a credit score of 550, it won't be possible for you to get a loan. Lenders will not be ready to give you a mortgage with such a low score. You will have to improve your score first and then look out for loans. To know some steps to improve your credit score, check out the given page:
http://www.mortgagefit.com/credit-rating/credit-repair.html
http://www.mortgagefit.com/credit-rating/credit-repair.html