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Carlos, Home Owner in Ohio

Hello,pls i wll like to know which banks or private lender,mortgagee that is giving personal loan to credit score between600-620?or home equity loan

Asked by Carlos, Ohio Fri Aug 10, 2012

Hello,pls i wll like to know which banks or private lender,mortgagee that is giving personal loan to credit score between600-620?or home equity loan

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1
Scott Godzyk’s answer
Private lenders are used for short term loans uuslaly to build or ix homes and then sell. They can haveinterest rates 12-18% and charge high points if you do not pay it off within teh specified time of usually 6 mo to 1 yr max. You should meet with a localand trusted lender to get prequalified for mortgage, personal loans are very rare these days without something to out up for security.
0 votes Thank Flag Link Fri Aug 10, 2012
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