I need a sub-prime, rural loan for 95% to close by 4/6/07?

My husband is in Iraq %26amp; we've fallen in love with a property in Temple, TX. Unfortunatley all of these regulations for sub prime loans just changed and my lender backed out yesterday. We're supposed to close by the 6th of April! So, I'll lay it out here and if anyone has a suggestion please let me know ASAP! Thanks so much!

House: 3 bedroom/1 bath on 8.5 acres, property has %26quot;church%26quot; on it with another 3 bedrooms, 2 baths, kitchen, ect. There are also 2 small horse barns.

We offered $115k and buyer will pay up to $7k closing costs. We have $500 earnest money on the property.

Credit: I filed bankruptcy solo (ch 7) last year due to some medical issues (long story) and it was completed 12/06. My middle score is 619 and debt to income is great. My husband has a lower score, in the 520's. His income is slightly less than mine, but still good debt to income for him too.

We have $6000 to put down %26amp; understand our interest rate will be higher, but we'll refi later. Please help

I need a sub-prime, rural loan for 95% to close by 4/6/07?

A VA is your only option. You are really high risk and I doubt anyone would touch you, high interest or not. You aren't even paying 10% down. The property may not be worth that in a month.

I need a sub-prime, rural loan for 95% to close by 4/6/07?

Try some large banks

I need a sub-prime, rural loan for 95% to close by 4/6/07?

Since he's a veteran, why not go with a VA loan?

I need a sub-prime, rural loan for 95% to close by 4/6/07?

I also have the same the same problem. my score dropped 60 points over a $100 bill that was in collections, Pretty musch exact same scenarion as this guy who put up the question.

I need a sub-prime, rural loan for 95% to close by 4/6/07?

A USDA rural housing loan is probably your best bet.

Check them out here: http://www.rurdev.usda.gov/rhs/common/in...

You might also check with the FHA:

http://www.fha.gov/

You may very well qualify for both; however, I doubt very seriously that you'd make your listed closing date.

Good luck!

I need a sub-prime, rural loan for 95% to close by 4/6/07?

As long as you have 5% to put down it will not be a problem to get you financing. We offer in house and broker financing options, FHA / VA / and Conv. , Most importantly we will close your loan quick. Please email me @ principal.solutions@hotmail.com and be sure to include contact phone numbers.

Thanks

I need a sub-prime, rural loan for 95% to close by 4/6/07?

Check out the free evaluation form at the source website. Maybe their nationwide network of loan officers can help. Good luck,

I need a sub-prime, rural loan for 95% to close by 4/6/07?

I am Mr Peterson Chris.I am a legitimate loan lender who gives out loans at low interest rate of 3%.Are you finacially down?Do you want to pay your bills?Is your credit score low?If yes,then you are in need of a loan.I deal with only honest people who are really in need of this loan.If interested contact me today with the loan of loan you need so that my loan terms and condition will be forwarded to you.You are to mail me or contact me through this email address

consultingpeters@myway.com

Whats the Catch with Student Loan Consolidation?

I get all these offers in the mail to lower my interest rate for my student loands -- 2.75% for example

Are these companies any good? Or I am better of sticking with my 3.7% and 4.5% interest rates

Whats the Catch with Student Loan Consolidation?

here are the catches I know of so far. the highest rate possible is typically 8.25%, you only get to consolidate once...so make it a good one, hopefully with a fixed rate. Student Loan companies offer many deferred or delayed options, but paying this way might wind you up paying off your education while you are simultaneously trying to pay for your children's education. Do the math and make sure you can get those things paid before your kids start hitting 18+. If no kids yet, go ahead and guesstimate when you might have them. Scary huh? Best of luck! P.S. I hate student loan companies.

Whats the Catch with Student Loan Consolidation?

You need an unbiased article. Have found one here. Hope it helps. http://www.businessstadium.com... Report It

Whats the Catch with Student Loan Consolidation?

Please post the url of the place that offered the 2.75% consolidation. That might have been possible back in 2003, but not today . . . are you looking at an old flyer??

Whats the Catch with Student Loan Consolidation?

Ask yourself this question if you hear of a really great deal: what are the Student Loan Consolidation conditions, what's the catch? Our %26quot;catch%26quot; is that we require more than $20,000 in Student Loan Consolidation for the 1.0% after 36 on time payments. That means that more than 70% of graduates are eligible to take advantage of our benefits, and for those students who have less than $20,000 in loans - hey, that's a good thing!

Whats the Catch with Student Loan Consolidation?

The web sites says that they have rates as low as 2.75%, that means that some people may get 2.75% but not all people. I suspect very few people qualify for this rate. It's a teaser rate to attract you. Looking at this page, it doesn't look like you will get 2.75%. It looks like you will probably not end up saving much money.

(Parenthetically, if your student loans are at this low a rate, I would not be in a rush to pay them off. This is in answer to a previous question you asked.)

Federal educational loan vs. Private lender?

What are some ups and downs ?

Easy to obtain, most lenient, easiest to work with?

Flexible consumer guidelines?

The most freedom?

Better Rates?

Federal educational loan vs. Private lender?

Go with the federal education loans. Private should only be a second thought if the first just won't do it.

First, the federal student loan is a tax deduction.

Secondly, the interest rate that you pay is capped.

Thirdly, you ahve additional options with the federal loan, such as deferement if you get into a financial crunch.

lastly, the federal government is trying to help you financially get through college.

Private lenders are in it to make money.

Federal educational loan vs. Private lender?

I have had both, and I'll tell you right away that federal educational loans are more lenient, lower interest, easier to work with, flexible and give the best rates. the reason is private lenders are there for profit off of interest and that is all, as opposed to actual educational reasons.

Federal educational loan vs. Private lender?

obv federal well no interest till you start making something depends again.. i live in Ontario here federal allows you certain period of time after you are done with education to pay off the loan.. obv you can't pay off in that period of time so they charge you interest where as private lenders charge you interest from the beginning.. which one i would choose? FEDERAL !!

I need information about the Bank of America for a school paper.?

Was Bank of America ever part of another bank first? If not who started it and how many branches does it currentlly have. Who are their mergers and what are their rates/fees/loan rates. Also, can you tell me what services are provided along with any other information you know about the Bank of America. Thank you.

I need information about the Bank of America for a school paper.?

This will help you

http://en.wikipedia.org/wiki/Bank_of_Ame...

I need information about the Bank of America for a school paper.?

I know that they changed their name from Bank of Italy to Bank of America.

What are the current rates for a 30 year fixed FHA mortgage? Can you pay discount points?

I am considering a FHA loan. I would like to avoid mortgage insurance if at all possible. Am I allowed to put 20% down or get a piggy back loan for 10-15%? Basically, I'm not sure if a FHA or conventional loan is best.

First-time homebuyer

Credit = 725ish

Pre-qualified for $80k

Probably getting a $70k home.

Please give me some advise. Thanks in advance!

What are the current rates for a 30 year fixed FHA mortgage? Can you pay discount points?

With your score, and 20% down payment, it's a no brainer. Don't go FHA. Get a conventional loan, 80% LTV, no PMI.

I wish all my buyers were like you.

And smart too! Buying less than you qualify for. I'm proud of you!

What are the current rates for a 30 year fixed FHA mortgage? Can you pay discount points?

Hi Amanda ,

I have had a home Through FHA (Farmers Home Admintstration)

Fixed rate ...varies . They do go by your income monthy.

You can get a fixed rate as low as 6% if you meet requirments.

I would never use anyone else !...lol...lisa

What are the current rates for a 30 year fixed FHA mortgage? Can you pay discount points?

All the help you will need! With your credit you probably will get somewhere around 5-6%, but it doesn't really matter because we have a software that will show you how to pay your home off in 7-10 years anyway, eliminating your interest! Honestly go to www.savingthousandsininterest.com and watch the video and give us a call!

Glad to be of help!

Loan Repayment?

I will be contributing around $40K of personal loans to purchase my business.

What is the best way to pay myself back? Can I charge the corporation an interest rate higher than the one given to me from the bank?

Loan Repayment?

It doesn't have to be the same interest, but it shouldn't be excessive. You should have lined up a tax accountant for the new business, I would ask his advice.

Loan Repayment?

That is called embezzling.

You need to research interest rates and make it competitive w/the current market.

Loan Repayment?

Yes, but this will qualify as income for you and you'll be required to pay tax on it.

My home loan is in default again, what can I do?

This is the second time. I'm a single mother of three and thought buying a house would be a great idea. Now I'm stuck with a high house payment and an almost 100 year old house that seems to be falling apart. I really don't have the money to fix it up and can't seem to keep up with the payments and bills. Refinancing is out of the question, with it being in default now and even just before I was told my rates would actually go up about 3%. I don't think I could sell it for as much as I paid for it and I've only had it less than 2 years. Also I have a second morgage from the seller which is behind. I'd like to just walk away from it and let them take it but I don't really know what would happen. I just can't keep it up. Please if you know anything about this give me your advice. I really don't want to have to contact %26quot;this agency%26quot; or %26quot;that agency%26quot; or anything like that though. I don't like the house, area, or school and just want to get away from it all as soon as possible.

My home loan is in default again, what can I do?

Okay, as a lender, I can't believe I am saying this but it really sounds like you got a sour deal. There are laws that protect you against lenders that give loans without regard to your ability to repay, etc. This is called Predatory Lending and you might be a victim. Check out your states Division of Banking and see if there is more information. (I'd help if I knew where you were at). As for being in default right now, I am not sure what to suggest outside of selling or refinancing so good luck with that. Hopefully your state has a good anti-predatory lending policy in effect.

My home loan is in default again, what can I do?

You could walk away, but know that your credit is going to take a huge hit.

My home loan is in default again, what can I do?

Would you consider a roomate? What about somebody doing a lease to own deal with you.. Good Luck

My home loan is in default again, what can I do?

Sorry about your situation. The best route it to put it on the market and make an attempt to sell the home. Also you should call your lender and talk to them. Tell them you are going to try to sell the home. Sometimes they will take less since it's cheaper then foreclosing. If you walk away they will go ahead and foreclose. It will have a major affect on your credit score and will stay on your record for several years. Good luck.