2006-06-27 16:16:29 · 5 answers · asked by PlasticTrees 2 in Business & Finance ➔ Credit
Korny-my grandfather died thanks. He left me plenty of money to do what I want-but I have no credit :)
2006-06-27 16:21:32 · update #1
Someone will loan against the commercial property but at a huge interest rate. Someone will always loan the money. Why don't you try and get a home loan on your own. There are always loans available.
2006-06-27 16:21:40 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Since your grandfather left you enough money to do whatever you want, don't put your grandmother through the hassle and possible loss of her property.
Use some of the money he left you to purchase your home with.
If you want credit, apply for secured credit cards. You can find prime cards and have secured cards from as little as $300.00 to as much as $5,000.00.
Leave your grandmother out of it.
2006-06-27 18:38:01 · answer #2 · answered by echo 7 · 1⤊ 0⤋
sure, yet you've a severe fee. i have not in any respect known all people to have desirable credit, yet as long as their income can conceal each of the debt then you could get an ok fee. It also relies upon on no matter if you and your co signer has worked a similar occupation for no less than 2 years immediately.
2016-11-29 21:01:21 · answer #3 · answered by fahlman 4 · 0⤊ 0⤋
Yes, she can! She can use one of her properties as security that you'll pay off the home loan. You couldn't use the house you're buying as security? Check several loan companies and banks before making any decision.
2006-06-27 16:24:23 · answer #4 · answered by ZORRO 3 · 0⤊ 0⤋
Are you a selfish jerk or something? You should NEVER put your grandmother in that kind of bind. That is very selfish of you!
Build your own credit & buy your own house!!! Better yet, pay cash for it.
2006-06-27 16:20:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋