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It is unlikely you can get a 'no credit' loan through traditional lenders. However, with non-traditional lenders, anything is possible - - for a price. For instance, some lenders are more interested in asset value or cash-flow if it is an income property - like a multi-family apartment. My suggestion would be to consider buying a 3-family house substantially under-market value that is poorly managed and in need of work. Loan terms might be 1-5yrs at 14% plus 4 points. High? Yes. But you represent greater risk to lenders. If you bought a house for 40K and sold it 2yrs later (after fix-up) for 150K, it would be worth it. (And no, I'm not dreaming. I do this for living). Alternatively, you could also be working on your credit to work secure more traditional lending. Hope this helps. Keep looking. They are out there.
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What are some common forms of credit?
Five common forms of credit are credit card loans, auto loans, mortgage loans, installment loans, and home-equity loans.
How can a get a legitimate loan for people with bad credit?
There are a number of organizations that offer people with bad credit an opportunity to obtain legitimate loans. You should check with your local financial adviser who can give you several options.
What credit options are available from Pioneer Credit?
Pioneer Credit Union offers auto loans, mortgage loans, home equity loans, home equity lines of credit, student loans, personal loans and business loans.
Where is a legitimate monthly installment loans for bad credit?
Check n go and PLS Loan (although it is called a smart loan there)
Where would one look for cheap mortgage loans?
Cheap mortgage loans are availabe through your local bank or even credit unions offer different rates on loans. It also depends on your credit and your ratings.
What are some common forms of credit?
Five common forms of credit are credit card loans, auto loans, mortgage loans, installment loans, and home-equity loans.
Are there any legitimate personal loans in North Carolina for people with bad credit?
There are many legitimate personal loans in North Carolina for people with bad credit. Most of them are referred to as payday loans and they do not consider your credit rating.
How can a get a legitimate loan for people with bad credit?
There are a number of organizations that offer people with bad credit an opportunity to obtain legitimate loans. You should check with your local financial adviser who can give you several options.
What credit options are available from Pioneer Credit?
Pioneer Credit Union offers auto loans, mortgage loans, home equity loans, home equity lines of credit, student loans, personal loans and business loans.
What are the types of credits?
Charge accounts, credit card, consumer loans, mortgage loans, and installment sales credit.
What is the meaning of no doc mortgage loans?
A no doc mortgage is one that requires no documentation to be signed at the time of sale. There is no need for a credit check or other background financial information.
Where is a legitimate monthly installment loans for bad credit?
Check n go and PLS Loan (although it is called a smart loan there)
Where would one look for cheap mortgage loans?
Cheap mortgage loans are availabe through your local bank or even credit unions offer different rates on loans. It also depends on your credit and your ratings.
Which companies offer credit mortgage loans?
There are many different companies that offer credit mortgage loans to consumers. These companies include, but aren't limited to, The Bank of America, First Merit, and Huntington.
What companies offer fast loans with no credit check?
A wide variety of companies claim to offer fast loans with no credit check. Among them are PayLoanToday, Fast Online Loans Cash, and Secure250. Not every company claiming this service is legitimate, so customers should research carefully before selecting a company to do business with.
Does Patelco Credit Union provide mortgage loans?
Patelco Credit Union does provide mortgage loans of up to 2 million dollars. Their 30 year fixed rate mortgage is also better than most of the banks in the US.
How can a person with bad credit increase their chance of qualifying for mortgage loans?
There are a couple steps to take in order to qualify for a mortgage with bad credit, such as check your credit report, demonstrate a steady income, eliminate all other debt and to also look for a co-signer.
