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 jenmurakami
Joined: 02 Sep 2008
Posts: 1
1.34 Dollars($)
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 Posted: Tue Sep 02, 2008 10:44 am Post subject: Home loans under $50,000 |
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| With the plummeting cost of homes in Michigan, why can't I find any lender who deal in loans under $50,000? |
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jameshogg
Joined: 20 Dec 2005
Posts: 4291
Location: nevada
509.34 Dollars($)
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| Posted: Tue Sep 02, 2008 11:36 pm Post subject: |
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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 $50,000.
Thanks
Thanks |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7405
Location: bloomfield, ct
62.63 Dollars($)
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| Posted: Fri Sep 05, 2008 10:12 am Post subject: |
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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 $50K threshhold.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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martha oliva
Guest
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| Posted: Thu May 14, 2009 9:24 pm Post subject: refinance |
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| George haven't heard from you. please reply |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7405
Location: bloomfield, ct
62.63 Dollars($)
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| Posted: Fri May 15, 2009 9:16 am Post subject: |
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i apologize, martha. it's been an extremely busy week. i will get back to you this afternoon.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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