Do you have over $10,000 in Debt? Get Help now.

Home Loan With Very Low APR In Pueblo County, Colorado

$112000 Home Loan – Pueblo Colorado, Credit Rating Of 553

  • Experian: 570 – They had a fair Experian rating
  • Transunion: 536 – Erin had a fair credit score with Transunion.
  • Equifax: Erin’s Experian score was 553, which is a fair credit score using the Experian scale.

Personal Loan for a mining shovel machine operator named Erin in Pueblo, Colorado to Pay Off First Bank & Trust Business Visa

Erin had a tonne of credit card debt on their Associated Bank Visa Business Bonus Rewards PLUS Card and their Gconomy Visa Card, and they were starting to get in over their heads. Despite Erin’s job as a mining shovel machine operator, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Previous requests on Erin’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$71490.00 5 10.1% $1522.47 Affiliated National Bank – Delta June 11, 2013
$71470.00 3 10.6% $2326.32 Central Bank, National Association September 18, 2013
$70820.00 11 8.8% $839.26 The Colorado Bank and Trust Company of La Junta May 12, 2014
$71340.00 4 10.8% $1836.9 Colorado State Bank and Trust, N. A. August 15, 2014
$70700.00 7 5.3% $1009.26 Mountain Parks Bank – West September 14, 2014

Multiple previous requests for credit have been made by Erin in the past, including one from Centennial Bank, National Association in Pueblo, Colorado before Erin was accepted for the $112000 by Southern Colorado National Bank

Erin made 6 previous attempts to obtain a home loan, 2 of which were with Centennial Bank, National Association, a lending institution in Pueblo, Colorado known to specialize in home loans specifically. Before finding Southern Colorado National Bank, Erin was concerned due to their inexperience and fair credit score.

Erin has a very low current total income, but has several of prospects

Erin has always wanted to be an obstetrician, but would need attend Texas Tech University Health Sciences Center again to become one. Erin has other possibilities as well, including livestock commission agent, control center specialist, and nurse practitioner, which pay $53,000 through to $90,000 per year, at least. Because of this, we believe that Erin can pay for this home loan of $112000.

When Erin was 18, they attempted to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a chronology of Erin’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $34,000.00 on August 30, 2012
  • Attempt 2) Loan for $24,000.00 on July 25, 2009
  • Attempt 3) Loan for $34,000.00 on June 21, 2011
  • Attempt 4) Loan for $38,000.00 on August 15, 2012
  • Attempt 5) Loan for $28,000.00 on May 23, 2009

Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans range from $29,000.00 to $44,000.00. They are typically used to pay off existing high interest loans like credit cards. Erin required a debt consolidation loan to pay for their existing home loan and their payday loan. Erin was able to find a home loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 3.8%.

Contact Details for Southern Colorado National Bank, the provider of this home loan

  • Southern Colorado National Bank
  • City: Pueblo
  • State: Colorado
  • Address: 3595 Spaulding Avenue
  • County: Pueblo
  • Zip code: 81008

Installment loan for Erin, a graduate of Texas Tech University Health Sciences Center and a mining shovel machine operator working for over $77,000 per year

Erin, an alumnus at Texas Tech University Health Sciences Center and a mining shovel machine operator in Pueblo, Colorado needs a home loan to purchase a new cell phone. Erin has instead chosen to obtain an installment loan for $6,000 and is at present seeking lenders like IntraWest Bank of Denver, National Association to process their request.

Client Profile: Erin Lanzi of Pueblo, Colorado
  • Full name (Changed if requested): Erin Lanzi
  • Current Credit: loans.hit.utils.Fico@5a10411
  • Current City: Pueblo
  • State: Colorado
  • Zip code: 81012
  • Yearly income: $61,000
  • Current Job: mining shovel machine operator
  • Current County: Pueblo
  • Goal Yearly Income: $144,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Erin’s Transunion score was altered by the home loan loan, changing to 536 from 553, which is normal in our experience.

Transunion Score: 536

Signature Loan acquired in Pueblo, Colorado for $112000 with fair credit by Erin

Many borrowers have difficulty with obtaining signature loans in Pueblo, Colorado, and Erin is the same. Erin went to 4 lending institutions or more prior to finding Southern Colorado National Bank, who offered Erin a signature loan for $112000. Most signature loans simply require a client, like Erin’s signature to get them, up to $24,000 in some cases. Erin was able to get $112000 as a home loan, which is very high for a home loan. Since signature loans do not need a cosigner, they generally require improved credit, as high as 791

Paraphrased and Standardized Quote from Erin for this home loan of $112000, provided by Southern Colorado National Bank

Hello, I am Erin and I am from Pueblo in Colorado. Pueblo, county is where I grew up, and now I need a home loan in Colorado for $112000 to renovate my home. It has been difficult, but Southern Colorado National Bank really came through for me with this loan for 9.0% interest APR and a term of 12 years. I can repay the loan over the 12 year term, including interest. A big thanks to Southern Colorado National Bank for trusting me and my fair credit. It look me 8 years to create my credit to 553, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.

8 Months in the Past, Erin Attempted Finding a High Risk Loan for $41,000.00, and it was Easy

There is an existing struggle for borrowers to get high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Erin. Erin decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit individuals. Individuals with credit ratings as low as 365 can inquire for a high risk loan and possibly can be approved.

Erin’s Overall FICO score at the time of acceptance for a home loan, taking into account their mining shovel machine operator job and their future job as an obstetrician

Fico Score: 553

Fast Loans for Erin in Pueblo, Colorado to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Pueblo, Colorado aren’t actually that difficult to obtain, particularly if you have some gumption like Erin. Erin was able to find a fast loan for $112000 from Wells Fargo Bank (Colorado), National Association and Colorado National Bank – Exchange, but turned down both offers in favor of their home loan from Southern Colorado National Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. An improvement if a borrower is on the go.

Before applying for this home loan, Erin had an Experian score of 570, which is fair, so Southern Colorado National Bank most likely cannot provide Erin a home loan

Experian Score: 570

Erin was rejected by Mountain Parks Bank – West 5 times prior to being granted funding by Southern Colorado National Bank at 3595 Spaulding Avenue

On March 10, 2013, Erin inquired about borrowing $49,000 from Wells Fargo Bank West, National Association with Leola, their friend from just outside Pueblo, and even with the co-signer, Erin was rejected for this home loan. With fair credit, it can be challenging to obtain funding, even with collateral and a co-signer.

Conclusion of Erin’s home loan

In the end, Erin was able to find a home loan for $112000 with an interest rate of 9.0% interest APR from Southern Colorado National Bank in Pueblo, Colorado repayable over 12 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.