Posted on: 28th Jun, 2008 01:59 pm
If I do not reside in the property what type loan can I qualify for in order to pay down bills? I'm presently working on improving my credit but it is still not very good?
Is your name on the title to the property?
Non owner occupied (investment) loan. Much harder to qualify for and get cash out than an owner occupied. Tell us more about what you want to do?
Brian
Brian
precisely...elaborate on what your intentions are, and we can better comment.
Please be more specific... is the home a rental, or a 2nd home/vacation? What type of home is it...SFR/Condo/PUD/ Etc... How much do you owe on it and what is it's estimated value? How bad is your credit, estimated Fico score? Income.....details are going to play a major roll in determining what, if any options you have.
[Email address deleted as per the forum rules]
[Email address deleted as per the forum rules]
Hi Nikki.
Welcome to the forums.
Are you a lender? or a broker? There are so many lenders and brokers in this community who helps people out with suggestions. Have seen the lender section of this community at http://www.mortgagefit.com/community/professionals.html
I think you can join here as a community professional. This is an excellent community and heading to be No.1 :)
Best of luck,
Larry
Welcome to the forums.
Are you a lender? or a broker? There are so many lenders and brokers in this community who helps people out with suggestions. Have seen the lender section of this community at http://www.mortgagefit.com/community/professionals.html
I think you can join here as a community professional. This is an excellent community and heading to be No.1 :)
Best of luck,
Larry
Hello, this was the right thing that you have done. I dont think that you were wrong.
All the best!
[Link deleted as per the forum rules]
All the best!
[Link deleted as per the forum rules]