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I there loan out there for people with poor credit

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Icon Mini Profile cjjkyler





Joined: 10 Mar 2010

Posts: 1

1.00 Dollars($)
Post Posted: Wed Mar 10, 2010 4:09 pm    Post subject: I there loan out there for people with poor credit
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I am look for a loan where I can buy a moble home and consulate some bill my credit is poor
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Wed Mar 10, 2010 8:21 pm    Post subject:
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Hi cjjkyler!

Welcome to forums!

You haven't mentioned what your credit score is like. With a poor credit, it won't be possible for you to get a loan. If you are planning for a FHA loan, then you should have a score of 600-620 and not much negative items on your credit report. If you're looking for conventional loan, then you should have a score of 700 at least. You may look out for personal property loans. You may get these loans from retailers who sell mobile homes but the interest rates charged are quite high. If you can afford a high interest rate, then you can go for it.

Feel free to ask if you've further queries.

Sussane
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