Own a house appraised @ 56k, want to take 30k out at the most. Fico is about 631 but I've switched jobs 3 times within the past year.
2007-03-14 10:37:18 · 4 answers · asked by PlasticTrees 2 in Business & Finance ➔ Renting & Real Estate
more information is neccessary
if you owe more than 90% of the 56k then your chances are slim
another factor will be your monthly income that can be documented via pay stubs
call a mortgage lender - its free to talk to them
(its free to talk to me...and thats what i do)
2007-03-14 10:53:51 · answer #1 · answered by EF 2 · 0⤊ 0⤋
You don't say how much you already owe? There's banks out there willing to lend 100% with that score, but you'll pay for it in rate. If the $30K would put you over the value of the home, no chance.
2007-03-14 10:59:04 · answer #2 · answered by Yanswersmonitorsarenazis 5 · 1⤊ 0⤋
Email me and I'll help you out. I'm a licensed mortgage banker.
2007-03-14 11:00:26 · answer #3 · answered by Amber J 2 · 0⤊ 1⤋
it is one in a million.
2007-03-14 10:44:16 · answer #4 · answered by chicago cub's bat bunny 5 · 0⤊ 2⤋