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Company Loan Type APR Est. Pmt.

Home loans under $50,000

Posted on: 02nd Sep, 2008 10:44 am
With the plummeting cost of homes in Michigan, why can't I find any lender who deal in loans under $50,000?
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
Posted on: 02nd Sep, 2008 11:36 pm
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.
Posted on: 05th Sep, 2008 10:12 am
George haven't heard from you. please reply
Posted on: 14th May, 2009 09:24 pm
i apologize, martha. it's been an extremely busy week. i will get back to you this afternoon.
Posted on: 15th May, 2009 09:16 am
I AM HAVING A PROBLEM FINDING A LENDER THAT WILL LEND UNDER $50,000 IN NORTH CAROLINA. ANY SUGGESTIONS?
Posted on: 09th Mar, 2010 08:53 am
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