have deed to home, have bad credit, need a loan, where can i get a loan ?

Granny
Granny
Other/Just Looking
35150

Fri Sep 25 2009, 14:48 - Financing in 35150 - 1 answer
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Bill Polack
Bill Polack
Mortgage Broker
or Lender
Atlanta, GA
FIRST ANSWER

How bad is bad? If your scores are below 530, there's not much a bank can do. If above that, we have to see what your income allows you to borrow. I'm assuming you don't have a mortgage on the home now and are wanting cash out. You may use up to 85% of the value of the home on an FHA cash out deal. Where ever you decide to go, please remember that no one is allowed to charge you an application fee.

Mon Sep 28 2009, 11:13
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