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I have a good income but poor credit.
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∙ 11y ago
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What are sub primes?
Sub prime can be used in two aspects 1. Sub prime customer - A customer who does not have a great credit history and does not have the income to pay the monthly mortgage payments on the loan he is asking for 2. Sub prime Loan - A loan that is granted to a sub prime customer If you have a monthly income of $10000 and you ask for a mortgage loan with monthly payment of $4000 then you are a good customer If you have a monthly income of $4000 and you ask for a loan with monthly payment as $10000 then you would be a sub prime customer
What do you need when you apply for a mortgage loan?
Good credit and adequate income.
Can you get a car loan without a co-signer a small loan only about 4000?
Yes, if your credit is good enough. I have never had to have a cosigner for a car loan.
How can one apply for a Chase home equity loan?
You need a good credit score of 700 or more, a good credit history and report, proof of employment and income source and a reasonable loan to value and debt to income value.
What information do you need to get a loan?
Your credit rating information and job status are required for getting any kind of loan in the present world. If you have good credit score and stable income, you will get loan immediately.
If you have good credit but not high income and you are interested in purchasing for investment purposes what are your chances of being approved for a loan?
Pretty good if your credit score is high enough. You possibly could qualify for a "Stated Income" loan. On investment property for a stated income loan you normally would have to have a 10% down payment. You can get into a mortgage loan with a lesser down payment going this route, but, you'll definitely be paying for it in your interest rate.
Received 4000 on credit account during the month of June?
Received 4000 on credit account during the month of june? Ans):- Cash A/c Dr To Loan A/c
Can an emancipated minor get a bank loan?
a minor would need good credit (income + a history of paying bills on time)
What would my mortgage payment be on a 650,000.oo no income verification loan?
over 4000 a month
Why cant you get a loan even though you have good credit?
Do you have other credit cards, loans, or other debt? Your debt to income ratio is also held accountable when they're looking at giving you a loan. Do they ask for you to provide income? If so, are you able to prove it? Usually that helps as well
Where can you get a loan to pay off outstanding debts and repair your credit?
Getting a personal loan to pay off debts is almost impossible unless you have great credit, income and just want to have one payment. You could get a signature loan in this matter. The other way to get a loan to payoff you bill is to take funds out of your mortgage. If you don't have a house with value, no good credit or great income, I have to be honest and say that getting a loan is not possible. You need to get a good understanding on how the credit system works and I recommend Phil Turner's Book titled The Credit Bible, everything you'll ever want to know about credit. I've used it myself and recommend to my friends.
What interest rate will i get on an auto loan with a 620 credit score?
You will get the terrible rate of 4000%. Sorry
