[drieuxbee]

I am having trouble getting a Home loan for 30,000 even with 20% down & excellent credit any sugestions??

[DownUnder]

Banks are getting strict with there lending practices,Have you asked any of the lenders you are trying to deal with what the problem is?

[Fr_Chuck]

What is the home worth ? Does the home meet loan requirements ?

But have you checked your credit to be sure something bad did not get on there for mistake or fraud

[drieuxbee]

Yes the credit is spotless, the lenders say the loan is to small, can you believe that, I don't understand?? I could get a car loan right now for the same amount and zero down and bad credit, why won't anybody lend to me? grrrrrrr

[drieuxbee]

what is the home worth ? does the home meet loan requirements ?

But have you checked your credit to be sure something bad did not get on there for mistake or fraud

Home appraised for well over asking price

[excon]

Hello d:

Try a credit union, or a community bank who carries their own loan portfolio. They'll tell you if they do on the phone.

excon

[ebaines]

If you're putting 20% down, and the mortgage is only for $30K, then perhaps the banks are worried that since you only have $7.5K of your own money in the game you would simply walk away if the market value doesn't hold up. Is this an investment property?