$6000 Home Loan – Sacramento California, Credit Score Of 794
- Experian: 812 – The client had an excellent Experian score
- Transunion: 777 – Desire had an excellent credit score with Transunion.
- Equifax: Desire’s Experian score was 794, which is an excellent credit rating using the Experian scale.
9 Months in the Past, Desire Attempted Finding a High Risk Loan for $28,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Desire. Desire chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Individuals with credit ratings as low as 517 can inquire for a high risk loan and possibly can be approved.
- Full name (Changed if requested): Desire Dresser
- Current Credit: loans.hit.utils.Fico@5c29bfd
- Current City: Sacramento
- State: California
- Zip code: 95874
- Yearly income: $63,000
- Current Job: customer service representative
- Current County: Sacramento
- Goal Yearly Income: $117,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Multiple previous requests for credit have been made by Desire in the past, including one from Regions Bank in Sacramento, California before Desire was approved for the $6000 by Sacramento First National Bank
Desire made 6 prior attempts to obtain a home loan, 2 of which were with Regions Bank, a lending institution in Sacramento, California known to specialize in home loans specifically. Before finding Sacramento First National Bank, Desire was desperate due to their inexperience and excellent credit rating.
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $32,000.00 to $56,000.00. They are mainly used to pay off existing high interest loans like credit cards. Desire needed a debt consolidation loan to pay for their existing home loan and their payday loan. Desire was able to find a home loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.1%.
Before applying for this home loan, Desire had an Experian score of 812, which is excellent, so Sacramento First National Bank likely cannot provide Desire a home loan
Fast Loans for Desire in Sacramento, California to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Sacramento, California aren’t actually that difficult to obtain, particularly if you have some gumption like Desire. Desire was able to find a fast loan for $6000 from Santa Ynez Valley Bank and Southern California First National Bank, but declined both offers in favor of their home loan from Sacramento First National Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference if a client is in a time sensitive situation.
Desire’s Overall FICO score at the time of acceptance for a home loan, taking into account their customer service representative job and their future career as a civil engineer
Installment loan for Desire, a graduate of Everest College – Springfield and a customer service representative working for over $77,000 per year
Desire, an alumnus at Everest College – Springfield and a customer service representative in Sacramento, California wants a home loan to purchase a house. Desire has instead chosen to get an installment loan for $9,000 and is at present seeking lenders like The First National Bank of Orange County to provide it.
Desire has a sad current yearly income, but has several of prospects
Desire has always wanted to be a civil engineer, but would need attend Everest College – Springfield again to become one. Desire has other prospects as well, including industrial designer, travel agent, and chaplain, which pay $57,000 through to $108,000 per year, at least. Because of this, we think that Desire can afford this home loan of $6000.
Desire was not approved by Bank of Sonoma County 5 times before being approved by Sacramento First National Bank at 1440 Ethan Way
On March 29, 2011, Desire inquired about borrowing $23,000 from Farmers and Merchants Bank of Long Beach with Gigi, their friend from just outside Sacramento, and even with the co-signer, Desire was rejected for this home loan. With excellent credit, it can be very hard to procure funding, even with collateral and a co-signer.
Previous requests on Desire’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$109460.00||10||6.7%||$1254.06||Santa Monica Bank||March 13, 2011|
|$109290.00||5||9.5%||$2295.29||Farmers and Merchants Bank of Long Beach||May 3, 2011|
|$108620.00||4||7.4%||$2621.25||First Interstate Bank of California||March 11, 2013|
|$109390.00||11||10.1%||$1375.75||Union Bank||September 10, 2013|
|$109420.00||3||6.6%||$3358.6||Citizens Commercial Trust and Savings Bank of Pasadena||March 5, 2014|
Contact Details for Sacramento First National Bank, the provider of this home loan
- Sacramento First National Bank
- City: Sacramento
- State: California
- Address: 1440 Ethan Way
- County: Sacramento
- Zip code: 95866
Desire’s Transunion score was changed by the home loan loan, changing to 777 from 794, which is normal in our experience.
Paraphrased and Standardized Quote from Desire for this home loan of $6000, provided by Sacramento First National Bank
Hello, I am Desire and my hometown is Sacramento in California. Sacramento, county is where I grew up, and now I need a home loan in California for $6000 to renovate my home. It wasn’t easy, but Sacramento First National Bank really came through for me with this loan for 11.3% interest APR and a term of 13 years. I will repay the loan over the 13 year term, including interest. A big thanks to Sacramento First National Bank for trusting me and my excellent credit. It look me 6 years to create my credit to 794, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.
When Desire was 22, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit score. Below is a list of Desire’s prior attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on July 27, 2013
- Attempt 2) Loan for $35,000.00 on October 1, 2010
- Attempt 3) Loan for $34,000.00 on December 29, 2013
- Attempt 4) Loan for $31,000.00 on January 3, 2013
- Attempt 5) Loan for $29,000.00 on June 12, 2010
- Attempt 6) Loan for $36,000.00 on August 9, 2011
Personal Loan for a customer service representative named Desire in Sacramento, California to Pay Off UNFCU Elite Credit Card
Desire had a lot of credit card debt on their Express Next Credit Card and their Eddie Bauer Credit Card, and they were starting to get in over their heads. Despite Desire’s job as a customer service representative, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan found in Sacramento, California for $6000 with excellent credit by Desire
Most prospective borrowers have difficulty with finding signature loans in Sacramento, California, and Desire is not an exception. Desire went to 8 lending institutions or more before finding Sacramento First National Bank, who offered Desire a signature loan for $6000. Most signature loans simply need a client, like Desire’s signature to obtain them, up to $46,000 in some cases. Desire was able to get $6000 as a home loan, which is very high for a home loan. Since signature loans don’t require a cosigner, they generally need higher credit, as high as 743
Conclusion of Desire’s home loan
In the end, Desire was able to find a home loan for $6000 with an interest rate of 5.0% interest APR from Sacramento First National Bank in Sacramento, California repayable over 13 years from today.