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heyyoucalledme
Guest
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 Posted: Fri Oct 10, 2008 11:37 am Post subject: Mortgage Amount to low - what next? |
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| I am trying to by an investment property in indiana for under $40,000. I have a 718 credit score. I can not find anyone willing to lend less than $40,000. Any suggestions? |
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Mortgage_Man_X
Guest
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| Posted: Fri Oct 10, 2008 12:00 pm Post subject: I can Help with Your Mortgage! |
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I can help with your mortgage needs. Email me!
Marty
[Email address and promotional text deleted as per forum rules. Thanks.] |
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 gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7431
Location: bloomfield, ct
66.67 Dollars($)
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| Posted: Fri Oct 10, 2008 1:27 pm Post subject: |
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heyyou...you ought to be able to get financing somewhere - i know our company offers it. to elaborate further, however, there is much more detail needed....down payment percentage, occupancy status - will you live there?, and so much more.
please do not give marty any business - he is nothing but a spammer who violates every principle of this website, which is intended to be a forum and not an advertising space.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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heyyoucalledme
Guest
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| Posted: Fri Oct 10, 2008 1:52 pm Post subject: Mortgage Amount to low - what next? |
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| Here is more info to work with. I would like to put as little down as possible, but prepared for 20%. I will not live there it is investment only. I have 2 mortgages already. Would like to cash out REFI up to 80% ASAP but realize there will be some seasoning. Still the initial problem of getting financing. |
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smithsussane
Joined: 18 Sep 2008
Posts: 3738
Location: Alaska
561.45 Dollars($)
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| Posted: Fri Oct 10, 2008 11:25 pm Post subject: |
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Hi heyyoucalledme!
Welcome to Forums!
I think you should ask the lenders why they are nor ready to give the loan. In my opinion your credit score is quite good and you are not even asking a high amount of loan. There must be some definite reasons to it.
You may even consult some other lenders as well. I have heard that this community has some lenders as their member who offer various programs for the different people. You can even consult them. You can also go for a no obligation free loan consultation from the lenders which will help you to know the kind of loans you can get.
Feel free to ask if you have further queries.
Sussane |
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