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 tbarbersc
Joined: 15 Oct 2009
Posts: 1
1.25 Dollars($)
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 Posted: Thu Oct 15, 2009 8:10 am Post subject: Loan take over |
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| how can i take over a loan at a modified rate and amount from a bank?? |
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manoj_gopale
Joined: 16 Feb 2009
Posts: 481
0.59 Dollars($)
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| Posted: Thu Oct 15, 2009 8:20 am Post subject: |
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tbarbersc
It means you want to refinance the loan at more cheap rates.So you need to have a stable income and a good credit to get refinance.All the other things will follow if you take care of these major two things.
keep in touch......
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jameshogg
Joined: 20 Dec 2005
Posts: 5167
Location: nevada
645.98 Dollars($)
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| Posted: Fri Oct 16, 2009 12:39 am Post subject: |
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Hi tbarbersc,
You will have to refinance the loan in your name. You will get a refinance depending upon your income and credit score. Also, the property should have equity in it. As the rates are going low these days, you can get an affordable rate to pay off the dues.
Thanks |
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