Ask Experts Questions for FREE Help !
Ask
    errin1081's Avatar
    errin1081 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jan 28, 2007, 09:32 PM
    Mortgage Originating
    What lender or lenders finances borrowers with scores below 500? Max loan-to-value?
    ronpatterson86's Avatar
    ronpatterson86 Posts: 1, Reputation: 1
    New Member
    		  
    #2

    Feb 6, 2007, 09:31 PM
    Quote Originally Posted by errin1081
    What lender or lenders finances borrowers with scores below 500? Max loan-to-value?
    Many lenders will underwrite a loan for people with a credit score below 500. A down payment and/or assets in the bank will make it much easier though.
    realestateprivlend's Avatar
    realestateprivlend Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Feb 18, 2007, 06:52 PM
    Quote Originally Posted by errin1081
    What lender or lenders finances borrowers with scores below 500? Max loan-to-value?
    This cannot be done unless it is short term and maybe 65% LTV at the most.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Mortgage Help [ 3 Answers ]

I have in principle accepted a job in Ohio, I currently live and own a home in FL. I need to move my family there right away. However, I don't know how I can afford two mortgages or rent at the same time. My wife doesn't want to rent out our current home. Is there any way to obtain a mortgage on...

Mortgage [ 2 Answers ]

I own a trailer,an I keep records of payments, but I have looked everywhere for a spreadsheet to help me keep track of payments an later fees an bounced checks,I guess I need a title of what I'm looking for,I have goggle an Yahoo I just need to figure out how much she owns an what a payoff...

Getting out of a mortgage [ 3 Answers ]

I am buying my mobile home, and paying lot rent to park it here. Wife & I would like to get out of it and start over somewhere else in the near future. This was our first house, no credit back then... so we are paying 21% interest. Had it for 6 years now, and I still owe more than what the house...

Mortgage [ 1 Answers ]

I want to add my friend to my mortgage loan. How do I do this?

Mortgage [ 1 Answers ]

What will my payment be like on a 80/20 interest loan @7%?

View more questions Search