Posted on: 06th Jan, 2009 06:48 pm
get a personal loan using my mobile home and/or land as colleteral...is is possible with a bad credit score to obtain a personal loan if I have a mobile home and 4.6acres of land that i own clear and free
Hi felixten!
Welcome to forums!
Credit is definitely important for getting a personal loan. However, as you will be offering a collateral to the lender, there are chances that he agrees to give you a personal loan. You can speak to the lenders of your community and check out the rates and terms they are offering. This will give you a clear idea about the rates that you will receive. You should remember that personal loans are available at a high rate of interest.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
Credit is definitely important for getting a personal loan. However, as you will be offering a collateral to the lender, there are chances that he agrees to give you a personal loan. You can speak to the lenders of your community and check out the rates and terms they are offering. This will give you a clear idea about the rates that you will receive. You should remember that personal loans are available at a high rate of interest.
Feel free to ask if you have further queries.
Sussane
HOW DO GO ABOUT GETING A LOAN AND USE MY HOME AS COLLETERAL?
Hi SEN,
You will have to get pre-approved for a loan. For this the lender will check your income and credit history. You can check out the given link to know about the mortgage basics:
http://www.mortgagefit.com/mortgage.html
You will have to get pre-approved for a loan. For this the lender will check your income and credit history. You can check out the given link to know about the mortgage basics:
http://www.mortgagefit.com/mortgage.html
Hi SEN,
You will have to get pre-approved for a loan. For this the lender will check your income and credit history. You can check out the given link to know about the mortgage basics:
http://www.mortgagefit.com/mortgage.html
You will have to get pre-approved for a loan. For this the lender will check your income and credit history. You can check out the given link to know about the mortgage basics:
http://www.mortgagefit.com/mortgage.html