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how can i get a loan with credit under 620

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Icon Mini Profile davidinman11





Joined: 16 Feb 2010

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Post Posted: Tue Feb 16, 2010 2:02 pm    Post subject: how can i get a loan with credit under 620
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HOW can i get a decent loan with bad credit i got money just not the credit i just need a 52000 dollar loan and i can have everything i need.. what is the best way to go about this?
Icon Mini Profile sara
sara
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Location: New Brunswick, New Jersey
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Post Posted: Wed Feb 17, 2010 1:53 am    Post subject:
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Hi davidinman,

You haven't mentioned what your credit score is like. With a bad credit score, it is difficult to get a mortgage. The lender will judge your creditworthiness with the help of this score. Also, in most cases, the lenders will not be ready to give you a loan of such a small amount like $52,000. You may contact lenders who would offer you with personal property loans and check out if they can help you in this regard.

Take care.
Icon Mini Profile JKennedySLG
JKennedySLG
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Post Posted: Wed Feb 17, 2010 9:39 am    Post subject:
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The lenders I deal with that underwrite down to a 580 Credit Score will require a $75,000 Minimum Loan Amount unfortunately. Depending on your credit score and what your able to qualify for, you may still have hope. I hope this helps...
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James Kennedy
New York/New Jersey
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Hard Money & Stated Income Loans
First Time Home Buyers (540+ Credit)
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