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Mortgage Of $9000 For Fair Credit Texas Resident

$9000 Mortgage – Springtown Texas, Credit Rating Of 509

  • Experian: 520 – The client had a fair Experian rating
  • Transunion: 491 – Roxana had a fair credit rating with Transunion.
  • Equifax: Roxana’s Experian score was 509, which is a fair credit score with the Experian scale.

Previous requests on Roxana’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$23470.00 6 5.5% $383.45 Comerica Bank October 23, 2013
$22720.00 11 8.6% $266.76 First Star Bank, S.S.B. June 24, 2014
$23280.00 4 5.1% $537.18 Brownfield State Bank & Trust Co. September 3, 2014
$23380.00 8 9.1% $343.74 First Bank & Trust, Bryan, Texas October 3, 2014
$23180.00 5 11.4% $508.63 First Bank & Trust of Clarendon July 3, 2015

When Roxana was 18, they tried to obtain a student loan from 6 alternate banks, which damaged their credit rating. Below is a list of Roxana’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $25,000.00 on February 19, 2013
  • Attempt 2) Loan for $39,000.00 on December 15, 2010
  • Attempt 3) Loan for $39,000.00 on August 7, 2010
  • Attempt 4) Loan for $32,000.00 on December 15, 2009
  • Attempt 5) Loan for $24,000.00 on June 3, 2011
  • Attempt 6) Loan for $27,000.00 on April 25, 2012

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans vary from $26,000.00 to $47,000.00. They are typically used to pay off existing high interest loans like credit cards. Roxana needed a debt consolidation loan to pay for their existing mortgage and their payday loan. Roxana was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.4%.

Paraphrased and Standardized Quote from Roxana for this mortgage of $9000, provided by First Bank and Trust

Hello, I am Roxana and my hometown is Springtown in Texas. Parker, county is where I grew up, and now I need a mortgage in Texas for $9000 to buy a big ticket item. It wasn’t easy, but First Bank and Trust really came through for me with this loan for 6.0% interest APR and a term of 8 years. I can probably repay the loan over the 8 year term, including interest. A big thanks to First Bank and Trust for giving me a chance and my fair credit. It look me 7 years to build my credit to 509, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.

Roxana was declined by First Community Bank San Antonio, National Association 4 times prior to being accepted by First Bank and Trust at Highway 51 And Townsquare

On January 1, 2009, Roxana inquired about borrowing $3,000 from Texas Commerce Bank – Rio Grande Valley, National Association with Joshua, their friend from just outside Springtown, and even with the co-signer, Roxana was rejected for this mortgage. With fair credit, it can be challenging to procure funding, even with collateral and a co-signer.

Roxana’s Transunion score was changed by the mortgage loan, changing to 491 from 509, which is typical in our experience.

Transunion Score: 491

Roxana has a sad current yearly income, but has several of prospects

Roxana has always wanted to be a sales representative, but would need attend Broward College again to become one. Roxana has other possibilities as well, including aerospace engineering technician, industrial engineering technician, and general internists, which pay $58,000 through to $108,000 per year, on average. Because of this, we believe that Roxana can afford this mortgage of $9000.

Installment loan for Roxana, a graduate of Broward College and a medical insurance claims analyst working for over $79,000 per year

Roxana, an alumnus at Broward College and a medical insurance claims analyst in Springtown, Texas needs a mortgage to purchase a new cell phone. Roxana has instead decided to obtain an installment loan for $26,000 and is at present seeking lenders like Eden State Bank to provide it.

Personal Loan for a medical insurance claims analyst named Roxana in Springtown, Texas to Pay Off Bishop Ahr High School Visa Platinum Rewards Card

Roxana had a tonne of credit card debt on their Spirit Airlines World MasterCard Credit Card and their Saint Leo University Credit Card, and they were starting to get in over their heads. Despite Roxana’s job as a medical insurance claims analyst, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Before applying for this mortgage, Roxana had an Experian score of 520, which is fair, so First Bank and Trust likely cannot provide Roxana a mortgage

Experian Score: 520

Signature Loan acquired in Springtown, Texas for $9000 with fair credit by Roxana

Most prospective borrowers struggle with obtaining signature loans in Springtown, Texas, and Roxana is no different. Roxana went to 7 lenders or more before settling on First Bank and Trust, who offered Roxana a signature loan for $9000. Most signature loans simply require a client, like Roxana’s signature to get them, up to $23,000 in some cases. Roxana was able to get $9000 as a mortgage, which is very high for a mortgage. Because signature loans don’t need collateral, these loans generally need higher credit, as high as 727

6 Months Ago, Roxana Attempted Finding a High Risk Loan for $21,000.00, and it was Hard

It is an ongoing struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Roxana. Roxana chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Clients with credit ratings as low as 307 can apply for a high risk loan and possibly can be approved.

Roxana’s Overall FICO score at the time of acceptance for a mortgage, taking into account their medical insurance claims analyst job and their future career as a sales representative

Fico Score: 509

Contact Details for First Bank and Trust, the provider of this mortgage

  • First Bank and Trust
  • City: Springtown
  • State: Texas
  • Address: Highway 51 And Townsquare
  • County: Parker
  • Zip code: 76082

Several other requests for credit have been made by Roxana in the past, including one from Vista National Bank in Springtown, Texas before Roxana was accepted for the $9000 by First Bank and Trust

Roxana made 9 previous attempts to obtain a mortgage, 2 of which were with Vista National Bank, a bank in Springtown, Texas known to specialize in mortgages specifically. Before finding First Bank and Trust, Roxana was very concerned due to their inexperience and fair credit rating.

Client Profile: Roxana Ellebrecht of Springtown, Texas
  • Full name (Changed if requested): Roxana Ellebrecht
  • Current Credit: loans.hit.utils.Fico@1f17ae12
  • Current City: Springtown
  • State: Texas
  • Zip code: 76085
  • Yearly income: $43,000
  • Current Job: medical insurance claims analyst
  • Current County: Parker
  • Goal Yearly Income: $118,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000

Fast Loans for Roxana in Springtown, Texas to prevent bankruptcy or harm from debt collectors.

Fast loans in Springtown, Texas aren’t actually that difficult to obtain, particularly if you have some finesse like Roxana. Roxana was able to find a fast loan for $9000 from Brownfield State Bank & Trust Co. and First State Bank of Mathis, but declined both offers in favor of their mortgage from First Bank and Trust. The difference with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement if a client is in a time sensitive situation.

Conclusion of Roxana’s mortgage

In the end, Roxana was able to find a mortgage for $9000 with an interest rate of 7.2% interest APR from First Bank and Trust in Springtown, Texas repayable over 8 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.

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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.