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mortgage under 30,000

Posted on: 27th Jun, 2012 08:11 am
I am trying to get at mortgage for about 28,000.00 and was told that it was to low of an amount. my credit score is 709 and I have 5% to put down. Any suggestions for where to go in Michigan?
Hi hbusymom!

Welcome to forums!

Lenders normally help you take out a loan for an higher amount - an amount higher than 50,000. So, getting a loan of 28,000 will be difficult for you. I will suggest you to contact a lender offering personal loans and check out whether or not you can get a loan.

Feel free to ask if you've further queries.

Sussane
Posted on: 27th Jun, 2012 08:13 pm
Hi hbusymom,

You can even check out if you can qualify for FHA loans. Contact the local FHA lenders and check out if you can qualify for a such a loan.

Thanks
Posted on: 28th Jun, 2012 10:09 pm
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