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What Kind of a Car Loan Will I Qualify For? – you may be asking what your auto loan approval odds are and what kind of a car loan you can qualify for. If you have bad credit, it can be tricky getting approved for a traditional auto loan. But,
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Other Options to Refinance with Poor or Bad Credit. If you have a poor or bad credit score, you won’t get a traditional lender’s best terms and you may not even qualify. To qualify, you’ll have to meet the lender’s loan-to-value requirements even. Your home equity will likely need to be at least 20% equity.
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FHA 203(k) loans are mortgages insured by the Federal Housing Administration. HomeStyle loans are mortgages guaranteed by Fannie Mae. FHA 203(k) loans are more lenient about the borrower’s credit.
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