Home loans under $50,000

jenmurakami · Joined: 02 Sep 2008 Posts: 1 1.34 Dollars($)

With the plummeting cost of homes in Michigan, why can't I find any lender who deal in loans under $50,000?

jameshogg · Posted: Tue Sep 02, 2008 11:36 pm Post subject:

Hi jenmurakami,

What's your property value? and how are your credit score and income? Did you pre-qualify with a few lenders? you need to ask the lenders as to why they aren't ready to offer you loans worth less than $50,000. May be it's because of your credit profile or property value that lenders aren't interested to provide loans under $50,000.

Thanks

Thanks

gmakerley · Posted: Fri Sep 05, 2008 10:12 am Post subject:

i find it hard to understand you'd not be able to find a lender to help you. i know that our lending guidelines would allow such a loan.

there are lenders all around the country that are nationwide in scope who would be willing, i imagine, to grant a loan to you below that $50K threshhold.

Guest 0.10 Dollars($)

George haven't heard from you. please reply

gmakerley · Posted: Fri May 15, 2009 9:16 am Post subject:

i apologize, martha. it's been an extremely busy week. i will get back to you this afternoon.

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