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You will find these houses ranging from just needing a little "cosmetic" work like landscaping or painting, to totally trashed out houses in need of some serious renovation. Some lenders and government agencies will let you buy a foreclosure with no down payment if your credit is good and they're anxious to have the home occupied, or if you have skills (carpentry, landscaping or even painting) that you can use to Don't let bad credit stop you from buying a home.
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Assuming for a moment one was to be so foolish as to take out a loan for a boat what would be the pros and cons between a standard boat loan and a home equity loan or home refi? Share. Share this post on; Digg · Del.icio.
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Info needed for the annual credit report: They'll ask some identifying questions like "which of these 5 banks do you hold a mortgage with" and "check on the box that most closely matches your mortgage payment" and "which of these .. If you've got two credit cards in good standing that date back to your 18th birthday, have paid off 3 different car loans in a timely fashion, and a home loan that's in great standing and several years old, it CERTAINLY won't be helpful to
Luxury4Play.com - Powered by vBulletin Why don't you just get a mortgage loan? A home equity loan is just a mortgage in 2nd position. And why not get a HELOC? Once you draw on it, it is essentially the same as regular mortgage. You really own a home? Amazing. Default. Not sure what bank you use but if they're strictly a business bank such as the one that I am with, they don't want to go through all the RESPA requirements and therefor only do lines of credit.
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