Can I refinance a home with bad credit?
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Both mу boyfriend аnd I аrе οn thе loan hе hаѕ a 605 аnd i’m аt 400 credit score. Wе signed thе loan іn October 2007, 30 year fixed аt 6%. Cаnnοt afford thе payments anymore, аnd refinancing іѕ ουr οnlу hope tο keep thе house frοm foreclosure. Wе aren’t late wіth payments late bυt іtѕ coming down tο іt.
Related posts:
- My husband and I Almost lost our home in foreclosure in 2009. We did refinance, will we qualify for the credit?
- I live in a manufactured home that I do not want to live in anymore. How do I go into foreclosure?
- How long does negative credit reporting stay on your credit report. late mortgage payments.?
- How long does it take to recover credit from foreclosure/deed in lieu?
- my neighbor is heading towards foreclosure. They can’t get refinance due to low credit score.?
Filed under: Foreclosure
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No one will finance you with those credit scores. And if by some chance you find someone willing, you will not come close to the 6% you are paying now.
I suggest you to try project payday, simply because you don’t need any money up front and you can start making money within minutes. I average around 3,500 dollars every month with it. Check it out at http://tr.im/kjOY
6% is still a good rate. Even if you were able to get 5%, the payments wouldn’t be that much less than what you’re paying now. If you’re in over your head with credit cards, perhaps you should contact a bankruptcy attorney and see what your options are. Usually the first visit is free
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