Comments on: Bad Credit Home Improvement Loans Tips

By: natasha m

natasha m — Sat, 31 Oct 2009 01:51:16 +0000

freecreditreport.hotusa.org – try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

By: cman@VA

cman@VA — Fri, 30 Oct 2009 23:59:10 +0000

There are many lenders that handle FHA loans – US Bank and Chase are just two. But FHA loans are not targeted toward "bad credit" borrowers.

By: Melissa

Melissa — Fri, 30 Oct 2009 07:04:21 +0000

repair your credit, here are some answers:
http://answers.yahoo.com/question/index?qid=20060816185659AApx9Us

By: dhsbc/net

dhsbc/net — Thu, 29 Oct 2009 20:54:21 +0000

It may be too late if you have missed mortgage payments already but find an FHA Lender for a refi. The FHA program is back in favor now that people are in ARM's that are about to explode on them.

There are still plenty of Subprime Lenders who refi on bad credit but if you can go FHA, that will get you into a 30 year fixed with a very good rate. Yes, you will have to pay PMI, but it will likely be worth it depending on what your payments will adjust to.

Best wishes!

Me2Me2Me3@yahoo.com

By: Maber

Maber — Thu, 29 Oct 2009 18:12:19 +0000

Make sure that your current loan doesn't have any pre-payment penalties that you will have to pay if you refinance in a year or two. Some loans have pre-payment penalties out for years, and hefty penalties if you are refinancing.

With that being said, you have the right idea on refinance. When you refinance, the new lender will pay the old lender the balance. But when you refinance, you incur closing costs again, appraisal fees, etc., etc. – so don't make a hobby out of refinancing your house.

Chances are great that if you continue to work on your credit, you can refinance down the road.

By: shanell411

shanell411 — Wed, 28 Oct 2009 01:34:26 +0000

You need to wake up to reality, you can't afford to buy a house.

By: DRM

DRM — Tue, 27 Oct 2009 19:28:39 +0000

one reason why a large number of Americans are in debt is because they don't check their credit report&score monthly. you can prevent this very common problem by going to http://creditreviews.notlong.com and begin to rebuild your credit immediately.

By: mary l

mary l — Tue, 27 Oct 2009 18:41:40 +0000

Forget about giving some money to get a loan.

This may be a solution, I've heard it worked:

Contact a local construction/carpenter school and tell them your story. Offer them to use your

house as a real case in their courses. You won't charge them, but they do the job for free. If

they ask for money, get a local wood shop to sponsor the fees.
You have good chances.

If it doesn't work, take a look at prosper.com

Good luck !

And learn to clean your credit !