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View Full Version : 100% home loan 1 day after filing for Chapter 7?


Penguin
5/15/2006, 11:33 AM
How the hell is this possible? There's a mortgage company that advertises down here saying that they'll approve just about anybody for 100% financing.

They also say that they approve 100% financing for scores as low as 570.



What's the catch?


BTW, it's http://www.texaslending.com/
Mjcpr
5/15/2006, 11:35 AM
24% interest rate?
JohnnyMack
5/15/2006, 11:48 AM
24% interest rate?

That's what we got.

I'm a pretty savvy negotiator if I do say so myself.
Mjcpr
5/15/2006, 12:14 PM
That's what we got.

I'm a pretty savvy negotiator if I do say so myself.

You schooled them. You might get a better rate if you put your house on your credit card.

:D
JohnnyMack
5/15/2006, 12:35 PM
You schooled them. You might get a better rate if you put your house on your credit card.

:D


Pfftt. How do you think I paid for my Yukon?