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Need a Personal Loan using my land as collateral

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M Thomas Guest	Posted: Fri Nov 04, 2011 7:36 pm    Post subject: Personal loan Like 0 Dislike 0 I own 23 ac of land in California. Im looking for a personal loan. Its vacant land. Appraised at 1.2 mill. I need 75k for a business investment. Any ideas. [Email address deleted as per forum rules. Thanks.]
shelia from va. Guest	Posted: Mon Nov 07, 2011 6:13 pm    Post subject: trying to get a loan on property Like 0 Dislike 0 im trying to get a loan on my house which is paid 4 but my credit score is only 580. i will use my deed as collateral. i need work done on my property desperately
shelia Guest	Posted: Mon Nov 07, 2011 6:18 pm    Post subject: Like 0 Dislike 0 what is the best way to gt a loan on land deed eith bad credit
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Mon Nov 07, 2011 9:42 pm    Post subject: Like 0 Dislike 0 Hi shelia, With a credit score of 580, it will be difficult for you to qualify or a mortgage. You should have a credit score of at least 620 in order to qualify for a FHA mortgage. If you want to get a conventional mortgage, you should have a score of 720. Thanks

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