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 SPIGAMES
Joined: 15 Oct 2009
Posts: 1
1.30 Dollars($)
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 Posted: Thu Oct 15, 2009 9:28 pm Post subject: OWE no money on home want to finish making it nice |
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| Will someone lend 40to45 thousand to a person with a 620 to 635 fica score who owe no money on there home ta=hat has a value of at lease 125,000 in Cincinnati with two jobs and little debt and makes about 40k a yr HELP |
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jenkin7
Joined: 04 Jun 2007
Posts: 3429
Location: Hawaii
514.13 Dollars($)
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| Posted: Fri Oct 16, 2009 2:39 am Post subject: |
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Hi SPIGAMES,
It is possible to get a loan with a FICO score of more than 620. An annual income of $40k is not bad. Also the fact that you have little debt will take care of your DTI ratio. Have you contacted your local lenders? There are lenders in this community as well. You can go for a no-obligation free mortgage consultation with them and check out if you qualify for a loan. They will assess your financial situation, credit scores etc and will let you know if you qualify for the loan. They would also be able to suggest the best type of loan that will fit your situation. |
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chrisburns
Community Experts
Joined: 13 Nov 2007
Posts: 372
Location: Florida
64.35 Dollars($)
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| Posted: Fri Oct 16, 2009 6:34 am Post subject: |
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Based on the info you provided I don't think anyone would have a problem lending you the money.
_________________
Chris Burns
Five Stars Mortgage, LLC
Office: 800-871-2636 ext. 200
Cell: 407-456-3697
Florida Mortgage
Five Stars Mortgage On Facebook |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7433
Location: bloomfield, ct
67.00 Dollars($)
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| Posted: Fri Oct 16, 2009 11:25 am Post subject: |
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and i am in agreement as well. bear in mind that for the small amount you are seeking, there may be a price increase over what you regularly see lenders offering (only slight, though). you would seem not to have any difficulty being helped.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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