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Current Foreclosure Discussion Foreclosures Discussion Archive 14

Re: Virginia home low balance bail out loan needed


Posted by Bill H on June 21, 2005 at 21:56:53:

In Reply to: Virginia home low balance bail out loan needed posted by Erica on June 20, 2005 at 19:35:05:

: I have a balance of 37 500 on my home..need a bail out loan..Horrible mortage company--homeq--will to pay high interest rate..please help!!

Erica:
I do not do loans. Perhaps you should take a few minutes to explain to the board what it is that you really need.
What caused the problem? What is your credit score?
What is your ability to repay?
Are you currently in foreclosure?
Are you in default and about to go into foreclosure? All of these are things that any potential lender would want to know.
Doing this may lead to someone being able to help you.
Just saying I need a bailout loan will not spark anyone's interest.

Good Luck,
Bill H


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