$112000 Home Loan – Calabasas California, Credit Rating Of 591
- Experian: 601 – The client had a fair Experian score
- Transunion: 577 – Renee had a fair credit score with Transunion.
- Equifax: Renee’s Experian score was 591, which is a fair credit score with the Experian scale.
When Renee was 22, they tried to obtain a student loan from 4 alternate banks, which damaged their credit score. Below is a chronology of Renee’s prior attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on June 16, 2011
- Attempt 2) Loan for $39,000.00 on August 11, 2013
- Attempt 3) Loan for $33,000.00 on August 18, 2011
- Attempt 4) Loan for $20,000.00 on November 17, 2008
Fast Loans for Renee in Calabasas, California to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Calabasas, California aren’t actually that difficult to obtain, particularly if you have some gumption like Renee. Renee was able to find a fast loan for $112000 from Farmers & Merchants Bank of Central California and The First National Bank of Holtville, but declined both offers in favor of their home loan from First Bank of Beverly Hills. The difference with a fast loan over a debt consolidation 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 in the case that you are in a time sensitive situation.
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $29,000.00 to $50,000.00. They are typically used to pay off existing high interest loans like credit cards. Renee required a debt consolidation loan to pay for their existing home loan and their credit card. Renee 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 usually have interest rates that are low, like 2.1%.
Personal Loan for an urban and regional planner named Renee in Calabasas, California to Pay Off Jeff Bank Visa Business Card
Renee had a tonne of credit card debt on their PNC Bank Visa Business Credit Card and their BMW Signature Card, and they were starting to get in over their heads. Despite Renee’s job as an urban and regional planner, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Renee for this home loan of $112000, provided by First Bank of Beverly Hills
Hello, I am Renee and I am from Calabasas in California. Los Angeles, county is where I grew up, and now I need a home loan in California for $112000 to pay bills. It has been difficult, but First Bank of Beverly Hills really came through for me with this loan for 6.5% interest APR and a term of 24 years. I will repay the loan over the 24 year term, including interest. A big thanks to First Bank of Beverly Hills for giving me a chance and my fair credit. It look me 4 years to create my credit to 591, and I won’t harm it any more. I am happy with Find Texas Loans for helping me this far.
Renee was declined by Mechanics Bank 4 times before being approved by First Bank of Beverly Hills at 23901 Calabasas Road, Suite 1050
On November 7, 2011, Renee applied about borrowing $20,000 from Mechanics Bank with Ouida, their friend from just outside Calabasas, and even with the co-signer, Renee was rejected for this home loan. With fair credit, it can be challenging to procure funding, even with collateral and a co-signer.
Several previous requests for credit have been made by Renee in the past, including one from Southeast Bank of East Orange in Calabasas, California before Renee was approved for the $112000 by First Bank of Beverly Hills
Renee made 7 previous tries to obtain a home loan, 2 of which were with Southeast Bank of East Orange, a lending institution in Calabasas, California known to specialize in home loans specifically. Before finding First Bank of Beverly Hills, Renee was very concerned due to their inexperience and fair credit rating.
Previous requests on Renee’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$101280.00||9||10.5%||$1453.46||Santa Monica Bank||October 22, 2011|
|$100850.00||5||5.6%||$1931.01||Farmers and Merchants Bank of Long Beach||January 19, 2012|
|$101330.00||10||11.7%||$1436.27||First Interstate Bank of California||January 20, 2013|
|$101290.00||7||5.8%||$1470.01||Union Bank||June 3, 2013|
|$101200.00||9||8.1%||$1322.75||Citizens Commercial Trust and Savings Bank of Pasadena||June 4, 2013|
Renee’s Overall FICO score at the time of acceptance for a home loan, taking into account their urban and regional planner job and their future career as a customer service representative
Signature Loan acquired in Calabasas, California for $112000 with fair credit by Renee
Many clients have difficulty with obtaining signature loans in Calabasas, California, and Renee is the same. Renee went to 8 lenders or more prior to finding First Bank of Beverly Hills, who offered Renee a signature loan for $112000. Most signature loans simply need a client, like Renee’s signature to get them, up to $26,000 in some cases. Renee was able to get $112000 as a home loan, which is very high for a home loan. Since signature loans do not require a cosigner, they generally require better credit, as high as 746
9 Months Ago, Renee Tried Finding a High Risk Loan for $40,000.00, and it was Hard
There is an ongoing struggle for clients to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Renee. Renee chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Clients with credit ratings as low as 517 can inquire for a high risk loan and may be be accepted.
Installment loan for Renee, a graduate of Rush University and an urban and regional planner working for over $78,000 per year
Renee, an alumnus at Rush University and an urban and regional planner in Calabasas, California wants a home loan to purchase a car. Renee has instead chosen to obtain an installment loan for $13,000 and is at present seeking lenders like U.S. Bank of California to provide it.
Renee has a disappointing current total income, but has several of prospects
Renee has always wanted to be a customer service representative, but would have to attend Rush University again to achieve it. Renee has other possibilities as well, including surgical technician/technologist, bus boy / bus girl, and ceiling tile installer, which pay $50,000 through to $92,000 per year, at least. Because of this, we believe that Renee can afford this home loan of $112000.
Before applying for this home loan, Renee had an Experian score of 601, which is fair, so First Bank of Beverly Hills most likely cannot provide Renee a home loan
Renee’s Transunion score was changed by the home loan loan, changing to 577 from 591, which is typical in our experience.
- Full name (Changed if requested): Renee Abron
- Current Credit: loans.hit.utils.Fico@41cf53f9
- Current City: Calabasas
- State: California
- Zip code: 91307
- Yearly income: $48,000
- Current Job: urban and regional planner
- Current County: Los Angeles
- Goal Yearly Income: $143,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Contact Details for First Bank of Beverly Hills, the provider of this home loan
- First Bank of Beverly Hills
- City: Calabasas
- State: California
- Address: 23901 Calabasas Road, Suite 1050
- County: Los Angeles
- Zip code: 91302
Conclusion of Renee’s home loan
In the end, Renee was able to find a home loan for $112000 with an interest rate of 6.1% interest APR from First Bank of Beverly Hills in Calabasas, California repayable over 24 years from today.