Need a "bridge-loan" to payoff an existing mortgage, in order to transfer ownership of coop apartment and then refinance. I have equity but 640 credit score.
I also have equity in my current home, but I am self employed I so I need lender with more flexible terms. Thoughts?
Answers | 1
Mortgage Broker in Santa Rosa, CA
January 26, 2016
Your score however should still qualify you with other Lenders. I would check with some good local in house lenders such as a Credit Union (Portfolio loans) or even Stearns Lending as you will get lower rates with them.
If the property is in California then feel free to call me and I can let you know how I can possibly help.
Asked by Terri
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
You may have reached out to all of the local banks in your area, but have you trie...
Asked by Charlene
Answered by David Skow
Mortgage Broker in Seattle , WA
Charlene – thanks for the question … the rocing will depend on a lot of informatio...
Asked by Ann