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Posted in Mortgage
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Jazber1

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Want to refinance w/ another company & get a line of credit for home repairs and debt consolidation.
Our house is appraised @ $375,000: we owe $300,000. Our credit scores are @ 325 & 376, annual income @$100,000. What is the best course of action to take?

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You should put off all of this for a while and work to build up your credit. With your scores where they are at it will be very difficult to find a lender and if you do find one the interest rate would be very high. Spend as much time as you can reading everything about credit and how to build it. Then start building and over some time you will be where you need to be.

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