Home Equity loan
Date: Wed, 11/03/2010 - 14:11
Considering your score, a home equity loan will be very tough. U
Considering your score, a home equity loan will be very tough. Usually the lowest score accepted is 540. But, do not lose hope.
There are lenders who grant loans at 500 as well. Do not secure a loan from a traditional mortgage lender. Approach a high risk or sub prime lender to avoid higher rates.
What ever you do, tell them you want a fixed rate. I have seen m
What ever you do, tell them you want a fixed rate. I have seen many people who fall for the predatory lenders that will lend and then the payment goes through the roof and they end up losing their homes. So, please be careful.