lay, "not so good" might just be good enough for you to qualify for a decently priced loan. if you know your score, you can divulge that information and we can more readily direct you. otherwise, you need to have your credit reviewed along with your financial information for someone to give you better direction.
fha loans are pretty forgiving as far as credit scores are concerned; so you might just qualify for one.
fha loans are pretty forgiving as far as credit scores are concerned; so you might just qualify for one.
Hi,
I agree with George that FHA is not credit score driven. So even if your credit score is not too good, you can refinance. But we need a bit more detailed information to give you a better suggestion.
Best of luck,
Larry
I agree with George that FHA is not credit score driven. So even if your credit score is not too good, you can refinance. But we need a bit more detailed information to give you a better suggestion.
Best of luck,
Larry
Best advice -- approach a broker (Yellow Pages). If you like the way you are received, and you think you can trust the person you are talking to -- proceed!
You will be asked to provide credit information and possibly to pay for your credit report -- provide your own by going to "www.annualcreditreport.com"
You will also be asked to pay for an appraisal -- approx. $350 depending upon where you live.
Firstly, ask what the odds are! Don't pay anyone until they are convinced they can write a loan for you. I never proceed unless: 1) the client insists, or 2) I am convinced I can find lender to underwrite the application...meaning the credit and income are good enough!
Secondly, if you don't like what you are hearing -- go somewhere else. Just like there are plenty of places to buy a car, there are plenty of places to go to get a good loan -- I always advise going to a broker who can look at many sources, many lenders at once. GOOD LUCK!!
[Link deactivated as per forum rules. Thanks.]
You will be asked to provide credit information and possibly to pay for your credit report -- provide your own by going to "www.annualcreditreport.com"
You will also be asked to pay for an appraisal -- approx. $350 depending upon where you live.
Firstly, ask what the odds are! Don't pay anyone until they are convinced they can write a loan for you. I never proceed unless: 1) the client insists, or 2) I am convinced I can find lender to underwrite the application...meaning the credit and income are good enough!
Secondly, if you don't like what you are hearing -- go somewhere else. Just like there are plenty of places to buy a car, there are plenty of places to go to get a good loan -- I always advise going to a broker who can look at many sources, many lenders at once. GOOD LUCK!!
[Link deactivated as per forum rules. Thanks.]
