mortgage - Posted by kG Glenn

Posted by Lezlie(TN) on July 25, 2003 at 21:09:43:

contact me privately at and we can possibly help you.

mortgage - Posted by kG Glenn

Posted by kG Glenn on July 25, 2003 at 18:42:04:

I am in need of a mortgage but have a credit score in low 500’s. I have been in this house over 4 years and have much equity due to cash and credits of rent.

Since I have about 30,000 in equity I have been told we could do a re-fi. However I am about out of time as owners need to sell. I would be open to an investor purchasing the house and then selling back to me at a reasonable rate but splitting equity in 2-5 years, either refinance or sell and cash them out.

Can anyone help me here or direct me to someone who could help me. I know this can be done. Paying 4 or 5 points above prime should be attractive since they would hold first position on the mortgage.

Thanks a lot
K G Grant

Re: mortgage - Posted by Holly

Posted by Holly on July 25, 2003 at 19:18:01:

Where are you and, not to be rude, but did you try cleaning up your credit while you were leasing for 4 years so you could get a mortgage when the option period was up? Can it be cleaned up to enable you to qualify for a mortgage later?