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8 Year Mortgage For Corene In Ridgecrest California

$36000 Mortgage – Ridgecrest California, Credit Score Of 337

  • Experian: 356 – The client had a terrible Experian score
  • Transunion: 319 – Corene had a terrible credit score with Transunion.
  • Equifax: Corene’s Experian score was 337, which is a terrible credit rating with the Experian rating scheme.

9 Months Ago, Corene Tried to Find a High Risk Loan for $32,000.00, and it was Easy

There is an well known struggle for borrowers 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 Corene. Corene chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Clients with credit scores as low as 328 can apply for a high risk loan and may be be accepted.

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Normal debt consolidation loans vary from $30,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Corene required a debt consolidation loan to pay for their existing mortgage and their payday loan. Corene was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.4%.

Corene has a disappointing current gross income, but has several of prospects

Corene has always wanted to be a dry wall installer, but would need attend Columbus State Community College again to become one. Corene has other possibilities as well, including education and training administrator, costume attendant, and treasurer, which pay $50,000 through to $107,000 per year, at least. Because of this, we think that Corene can afford this mortgage of $36000.

Personal Loan for a school plant consultant named Corene in Ridgecrest, California to Pay Off Zions Bank AmaZing Cash Credit Card

Corene had a lot of credit card debt on their People’s United Bank Platinum MasterCard and their Ralphs rewards plus Visa Card, and they were starting to get in over their heads. Despite Corene’s job as a school plant consultant, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Paraphrased and Standardized Quote from Corene for this mortgage of $36000, provided by Monument National Bank

Hi, I am Corene and my hometown is Ridgecrest in California. Kern, county is where I grew up, and now I need a mortgage in California for $36000 to renovate my home. It has been difficult, but Monument National Bank really came through for me with this loan for 9.3% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to Monument National Bank for giving me a chance and my terrible credit. It look me 7 years to build my credit to 337, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.

Signature Loan acquired in Ridgecrest, California for $36000 with terrible credit by Corene

Most borrowers struggle with obtaining signature loans in Ridgecrest, California, and Corene is the same. Corene went to 6 lending institutions or more before finding Monument National Bank, who offered Corene a signature loan for $36000. Typical signature loans simply need a client, like Corene’s signature to obtain them, up to $36,000 in some cases. Corene was able to get $36000 as a mortgage, which is very high for a mortgage. Since signature loans don’t need a cosigner, these loans tend to need higher credit, as high as 703

Previous requests on Corene’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$123140.00 4 11.1% $3188.6 Santa Monica Bank May 10, 2013
$123430.00 5 5.8% $2374.79 Farmers and Merchants Bank of Long Beach January 12, 2014
$123380.00 3 5.1% $3703.35 First Interstate Bank of California June 13, 2014
$123330.00 8 10.1% $1877.96 Union Bank November 17, 2014

Corene’s Overall FICO score at the time of acceptance for a mortgage, taking into account their school plant consultant job and their future job as a dry wall installer

Fico Score: 337

Before applying for this mortgage, Corene had an Experian score of 356, which is terrible, so Monument National Bank likely cannot provide Corene a mortgage

Experian Score: 356

Installment loan for Corene, a graduate of Columbus State Community College and a school plant consultant working for over $68,000 per year

Corene, an alumnus at Columbus State Community College and a school plant consultant in Ridgecrest, California wants a mortgage to purchase a car. Corene has instead decided to get an installment loan for $18,000 and is currently seeking lenders like United States National Bank to provide it.

Fast Loans for Corene in Ridgecrest, California to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Ridgecrest, California aren’t actually that difficult to obtain, especially if you have some finesse like Corene. Corene was able to find a fast loan for $36000 from Mechanics Bank and Citizens Bank of Roseville, but turned down both offers in favor of their mortgage from Monument National Bank. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big difference in the case that a borrower is on the go.

Several other requests for credit have been made by Corene in the past, including one from Washington Mutual Bank in Ridgecrest, California before Corene was approved for the $36000 by Monument National Bank

Corene made 5 previous attempts to obtain a mortgage, 2 of which were with Washington Mutual Bank, a lender in Ridgecrest, California known to specialize in mortgages specifically. Prior to finding Monument National Bank, Corene was desperate due to their inexperience and terrible credit rating.

Corene’s Transunion score was altered by the mortgage loan, changing to 319 from 337, which is normal in our experience.

Transunion Score: 319

Client Profile: Corene Dole of Ridgecrest, California
  • Full name (Changed if requested): Corene Dole
  • Current Credit: loans.hit.utils.Fico@2e0fa5d3
  • Current City: Ridgecrest
  • State: California
  • Zip code: 93556
  • Yearly income: $32,000
  • Current Job: school plant consultant
  • Current County: Kern
  • Goal Yearly Income: $124,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

Corene was declined by Wells Fargo Bank, National Association 4 times before being granted funding by Monument National Bank at 1450 North Norma

On August 16, 2011, Corene applied about borrowing $42,000 from Union Bank with Sherron, their in law from just outside Ridgecrest, and even with the co-signer, Corene was rejected for this mortgage. With terrible credit, it can be very hard to obtain funding, even with collateral and a co-signer.

When Corene was 23, they attempted to obtain a student loan from 4 different lenders, which damaged their credit score. Below is a chronology of Corene’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $23,000.00 on January 11, 2010
  • Attempt 2) Loan for $39,000.00 on October 17, 2010
  • Attempt 3) Loan for $32,000.00 on March 12, 2011
  • Attempt 4) Loan for $25,000.00 on June 2, 2012

Contact Details for Monument National Bank, the provider of this mortgage

  • Monument National Bank
  • City: Ridgecrest
  • State: California
  • Address: 1450 North Norma
  • County: Kern
  • Zip code: 93555

Conclusion of Corene’s mortgage

In the end, Corene was able to find a mortgage for $36000 with an interest rate of 6.3% interest APR from Monument National Bank in Ridgecrest, California repayable over 23 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.