Can Anybody Assist Me In Acquiring A Loan
- Thread starter truebreed
- Start date
Did you try cashcall.com?
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I am getting ready to put together a league of notebook gamers. If you want to join you can find a lightning fast notebook all around. I like the new
Apple MacBooks and especially the MacBook Pros ...but if you really want power be on the look out for my next thread to get a sweet deal..... The The Notebook Man:thefukk: :thefukk: :thefukk:
http://www.myspace.com/g_related_vipgz_grindaz
easy paypal $300==> http://www.swatcash.com/5989
QueEx said:
Co-sign.
With your credit score and the subprime market crash It is going to be extremelly difficult for you to get a loan not to mention if you are able to get one the terms are going to be very bad. You would probably end up saving yourself thousands if you waited six months and improved your credit during that time. Other then that you are probably going to need at least 20% down on the property you are looking to acquire.
truebreed said:I HAVE A CREDIT SCORE LOWER THAN 550 WITH AN INCOME OF $4000.00 MONTHLY. COULD ANYBODY RECOMMEND SOME LENDERS WOULD COULD POSSIBLY WORK WITH ME. THANK U.
I just read the NOI have some financial shit for people in your situation. Have you checked them out yet?
-VG
Try to open a few secured loans from credit unions for $500 each. You deposit the money, they hold it and give you $500 right back in the form of a loan. Pay it off in about 3 1/2 months and do it again. Doing 3 at a time for people with scores under 620 can boost your score almost 100 points in about 7 months WITHOUT doing anything else AND as long as you stay current on your other accounts. Plus you will establish a good relationship with 3 credit unions which will also boost your chances of getting loans at better rates.
What are you trying to do? Is it for real estate or personal. Also, what is your time line? Is this something your trying to do quickly or over time ( 6 months to a year). Before paying someone to fix your credit there are some things you can do yourself. The most effective is lower you balances on your credit cards to 30% or lower of the max credit limit. Example, if you have a 1000 limit on a credit card,pay it down to 300 or lower, if it's in your budget. About 30% of your score is based on this. If you have collections, try to negotiate payment in exchange for them deleting the item from your report. This sometimes works, if they agree make sure you have it in writing before making one payment!! There is more, but a lot of what I'm saying can be found on creditboards.com.
Good luck,
Your friendly neighborhood loan officer
Good luck,
Your friendly neighborhood loan officer
I know I am late on this.
If you are looking to acquire a new property.
My suggestion would be to find a lease option and strengthen the credit and then move forward.
if you are trying to do something with your current property I would say strengthen your scores and then refi.
I have always used www.creditregroup.com I have personally seen them come with amazing results and they always come through.
Also they provide a service to existing clients where they will add all the other positive items that usually don’t show up on your report to increase your score rapidly.
Another option on the new property side is to team up with an investor that has the high scores and then continue with improving yours.
If you are looking to acquire a new property.
My suggestion would be to find a lease option and strengthen the credit and then move forward.
if you are trying to do something with your current property I would say strengthen your scores and then refi.
I have always used www.creditregroup.com I have personally seen them come with amazing results and they always come through.
Also they provide a service to existing clients where they will add all the other positive items that usually don’t show up on your report to increase your score rapidly.
Another option on the new property side is to team up with an investor that has the high scores and then continue with improving yours.
