I lost my house after having worked for myself and running into real financial difficulties. Im wondering if i could get a guarentor for the payments, would any mortgage companies accept me? any help will be highly appreciated. Thankyou
2007-03-28 10:22:36 · 3 answers · asked by memememe32 1 in Business & Finance ➔ Renting & Real Estate
You need a cosigner. However, they need to understand they are as liable as you for the payments and if you are foreclosed upon, it will take their credit as well.
2007-03-28 10:30:07 · answer #1 · answered by AuntLala 3 · 0⤊ 0⤋
Easy 3:
How long ago did you lose your home?
Do you have employment for +2 years?
Have you at least $5k?
Depending on the answers above, I provide a program for 97% loan to value on up to 4 units with a 475 credit score. This is guaranteed. Without and without a co-signer. Best part: the max rate is 7.25% with no pre-payment penalty and fixed for 30years.
Where you live will affect your loan amount on the type of home.
Example: Max Loans; $362K for a 1 family home in CT or $697K for a 4 family in
2007-03-28 10:50:25 · answer #2 · answered by asajous 2 · 0⤊ 1⤋
I have a list of some good websites offering Mortage Loans with low Interest rate and fast approval. Its a policy voilation of yahoo if i post any link here.
Just mail me at solidoffer11@yahoo.com with subjet- Mortage Loans. I will send a link of best website where you can find best Loan offers,tips and resources.
best wishes
2007-03-29 03:19:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋