$124000 Home Loan – Easley South Carolina, Credit Rating Of 607
- Experian: 623 – This individual had a good Experian rating
- Transunion: 588 – Gemma had a good credit score with Transunion.
- Equifax: Gemma’s Experian score was 607, which is a good credit score on the Experian scale.
When Gemma was 23, they attempted to obtain a student loan from 4 alternate banks, which damaged their credit score. Below is a list of Gemma’s previous attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on April 20, 2011
- Attempt 2) Loan for $20,000.00 on November 2, 2012
- Attempt 3) Loan for $21,000.00 on January 25, 2013
- Attempt 4) Loan for $25,000.00 on July 6, 2009
Multiple past requests for credit have been made by Gemma in the past, including one from Commonwealth Federal Savings and Loan Association in Easley, South Carolina before Gemma was accepted for the $124000 by Cornerstone National Bank
Gemma made 4 prior attempts to obtain a home loan, 2 of which were with Commonwealth Federal Savings and Loan Association, a lender in Easley, South Carolina known to specialize in home loans specifically. Prior to finding Cornerstone National Bank, Gemma was desperate due to their inexperience and good credit score.
Fast Loans for Gemma in Easley, South Carolina to prevent bankruptcy or harm from debt collectors.
Fast loans in Easley, South Carolina aren’t actually that difficult to obtain, particularly if you have some gumption like Gemma. Gemma was able to find a fast loan for $124000 from The Palmetto Bank and United Carolina Bank of South Carolina, but declined both offers in favor of their home loan from Cornerstone National Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big difference if a borrower is in a pinch.
- Full name (Changed if requested): Gemma Signaigo
- Current Credit: loans.hit.utils.Fico@3eb07fd3
- Current City: Easley
- State: South Carolina
- Zip code: 29645
- Yearly income: $51,000
- Current Job: animal kennel supervisor
- Current County: Pickens
- Goal Yearly Income: $131,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Before applying for this home loan, Gemma had an Experian score of 623, which is good, so Cornerstone National Bank probably cannot provide Gemma a home loan
Installment loan for Gemma, a graduate of Virginia College – Birmingham and an animal kennel supervisor working for over $72,000 per year
Gemma, an alumnus at Virginia College – Birmingham and an animal kennel supervisor in Easley, South Carolina wants a home loan to purchase something frivolous. Gemma has instead chosen to get an installment loan for $24,000 and is at present seeking lenders like First National Bank of South Carolina to provide it.
Gemma has a low current total income, but has several of prospects
Gemma has always wanted to be a sales representatives, but would need attend Virginia College – Birmingham again to become one. Gemma has other possibilities as well, including sales representative, mining shovel machine operator, and horticultural worker supervisor, which pay $54,000 through to $105,000 per year, on average. Because of this, we believe that Gemma can afford this home loan of $124000.
8 Months Ago, Gemma Attempted to Find a High Risk Loan for $23,000.00, and it was Easy
It is an well known struggle for clients to get high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Gemma. Gemma chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit individuals. Clients with credit ratings as low as 496 can inquire for a high risk loan and have a chance to be accepted.
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $20,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Gemma needed a debt consolidation loan to pay for their existing home loan and their payday loan. Gemma was able to find a home loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 2.2%.
Previous requests on Gemma’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$95170.00||10||6.6%||$1085.48||The Peoples Bank||January 7, 2013|
|$95220.00||4||6.4%||$2253.75||The Commercial Bank||August 15, 2013|
|$94870.00||3||10.1%||$3065.64||The Bank of Hartsville||June 29, 2014|
|$94740.00||8||7.8%||$1329.7||Farmers and Merchants Bank of South Carolina||May 10, 2015|
Contact Details for Cornerstone National Bank, the provider of this home loan
- Cornerstone National Bank
- City: Easley
- State: South Carolina
- Address: 1670 East Main Street
- County: Pickens
- Zip code: 29641
Gemma’s Overall FICO score at the time of acceptance for a home loan, taking into account their animal kennel supervisor job and their future job as a sales representatives
Gemma was not approved by The Commercial Bank 6 times prior to being granted funding by Cornerstone National Bank at 1670 East Main Street
On November 1, 2010, Gemma applied about borrowing $37,000 from Farmers & Merchants Bank with Digna, their in law from just outside Easley, and even with the co-signer, Gemma was rejected for this home loan. With good credit, it can be challenging to procure funding, even with collateral and a co-signer.
Personal Loan for an animal kennel supervisor named Gemma in Easley, South Carolina to Pay Off RBC British Airways Visa Infinite
Gemma had a lot of credit card debt on their AARP Credit Card from Chase and their RewardsRunner Visa Prepaid Card, and they were starting to get in over their heads. Despite Gemma’s job as an animal kennel supervisor, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Gemma for this home loan of $124000, provided by Cornerstone National Bank
Hello, I am Gemma and I am from Easley in South Carolina. Pickens, county is where I grew up, and now I need a home loan in South Carolina for $124000 to buy a big ticket item. It wasn’t easy, but Cornerstone National Bank really came through for me with this loan for 7.8% interest APR and a term of 20 years. I will repay the loan over the 20 year term, including interest. A big thanks to Cornerstone National Bank for trusting me and my good credit. It look me 8 years to build my credit to 607, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Signature Loan easily acquired in Easley, South Carolina for $124000 with good credit by Gemma
A lot of prospective borrowers struggle with obtaining signature loans in Easley, South Carolina, and Gemma is no exception. Gemma went to 6 lending institutions or more prior to settling on Cornerstone National Bank, who offered Gemma a signature loan for $124000. Typical signature loans simply require a client, like Gemma’s signature to get them, up to $26,000 in some cases. Gemma was able to get $124000 as a home loan, which is very high for a home loan. Since signature loans don’t require a cosigner, these loans generally need improved credit, as high as 736
Gemma’s Transunion score was changed by the home loan loan, changing to 588 from 607, which is normal in our experience.
Conclusion of Gemma’s home loan
In the end, Gemma was able to find a home loan for $124000 with an interest rate of 8.6% interest APR from Cornerstone National Bank in Easley, South Carolina repayable over 20 years from now.