$78000 Home Loan – Urbanna Virginia, Credit Score Of 513
- Experian: 528 – The client had a fair Experian rating
- Transunion: 501 – Jena had a fair credit score with Transunion.
- Equifax: Jena’s Experian score was 513, which is a fair credit score using the Experian scale.
Paraphrased and Standardized Quote from Jena for this home loan of $78000, provided by First Virginia Bank – Middle Peninsula
Hi, I am Jena and I’m from Urbanna in Virginia. Middlesex, county is where I grew up, and now I need a home loan in Virginia for $78000 to renovate my home. It has been difficult, but First Virginia Bank – Middle Peninsula really came through for me with this loan for 6.6% interest APR and a term of 24 years. I can probably repay the loan over the 24 year term, including interest. A big thanks to First Virginia Bank – Middle Peninsula for trusting me and my fair credit. It look me 9 years to build my credit to 513, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
Fast Loans for Jena in Urbanna, Virginia to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Urbanna, Virginia aren’t actually that difficult to obtain, particularly if you have some gumption like Jena. Jena was able to find a fast loan for $78000 from Bank of Powhatan and Bank of Clarke County, but declined both offers in favor of their home loan from First Virginia Bank – Middle Peninsula. 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 6 weeks for installment loans. An improvement in the case that you are in a time sensitive situation.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $28,000.00 to $49,000.00. They are typically used to pay off existing high interest loans like credit cards. Jena needed a debt consolidation loan to pay for their existing home loan and their credit card. Jena was able to find a home loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.8%.
Before applying for this home loan, Jena had an Experian score of 528, which is fair, so First Virginia Bank – Middle Peninsula probably cannot provide Jena a home loan
Personal Loan for a bicycle mechanic named Jena in Urbanna, Virginia to Pay Off First Command Bank Platinum Visa Card
Jena had a tonne of credit card debt on their Salmon Nation Visa and their Commerce Bank St. Louis Blues MasterCard, and they were starting to get in over their heads. Despite Jena’s job as a bicycle mechanic, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Jena has a very low current yearly income, but has a high number of prospects
Jena has always wanted to be a ceramic engineer, but would have to attend Fine Mortuary College again to become one. Jena has other possibilities as well, including aeronautical & aerospace engineer, surgeon, and medical laboratory technician, which pay $56,000 through to $100,000 per year, at least. For this reason, we think that Jena can pay for this home loan of $78000.
8 Months in the Past, Jena Attempted Finding a High Risk Loan for $34,000.00, and it was Hard
It is an ongoing struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Jena. Jena 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. Individuals with credit scores as low as 433 can apply for a high risk loan and have a chance to be approved.
Previous requests on Jena’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$17700.00||5||6.2%||$343.84||Citizens Bank and Trust Company||March 2, 2012|
|$17570.00||10||9.7%||$229.28||Peoples Community Bank||June 30, 2013|
|$18280.00||3||7.4%||$567.78||Crestar Bank||June 25, 2014|
|$17740.00||7||11.3%||$306.56||The Merchants and Farmers Bank||July 23, 2014|
When Jena was 21, they attempted to obtain a student loan from 7 alternate banks, which harmed their credit score. Below is a list of Jena’s prior attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on October 3, 2012
- Attempt 2) Loan for $39,000.00 on October 23, 2012
- Attempt 3) Loan for $32,000.00 on November 7, 2008
- Attempt 4) Loan for $25,000.00 on November 19, 2011
- Attempt 5) Loan for $26,000.00 on January 6, 2012
- Attempt 6) Loan for $39,000.00 on December 24, 2013
- Attempt 7) Loan for $25,000.00 on November 12, 2009
Signature Loan found in Urbanna, Virginia for $78000 with fair credit by Jena
A lot of clients have difficulty with finding signature loans in Urbanna, Virginia, and Jena is no exception. Jena went to 4 lenders or more before finding First Virginia Bank – Middle Peninsula, who offered Jena a signature loan for $78000. Typical signature loans simply require a client, like Jena’s signature to obtain them, up to $32,000 in some cases. Jena was able to get $78000 as a home loan, which is very high for a home loan. Since signature loans do not need collateral, these loans tend to require improved credit, as high as 775
Jena’s Overall FICO score at the time of acceptance for a home loan, taking into account their bicycle mechanic job and their future job as a ceramic engineer
Multiple other requests for credit have been made by Jena in the past, including one from United Counties Trust Company in Urbanna, Virginia before Jena was approved for the $78000 by First Virginia Bank – Middle Peninsula
Jena made 4 previous tries to obtain a home loan, 2 of which were with United Counties Trust Company, a bank in Urbanna, Virginia known to specialize in home loans specifically. Before finding First Virginia Bank – Middle Peninsula, Jena was concerned due to their inexperience and fair credit score.
- Full name (Changed if requested): Jena Lecomte
- Current Credit: loans.hit.utils.Fico@4ccabbaa
- Current City: Urbanna
- State: Virginia
- Zip code: 23179
- Yearly income: $40,000
- Current Job: bicycle mechanic
- Current County: Middlesex
- Goal Yearly Income: $97,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Jena was declined by Farmers and Merchants Bank of Boones Mill, Virginia 6 times prior to being accepted by First Virginia Bank – Middle Peninsula at Main Street
On November 2, 2010, Jena inquired about borrowing $42,000 from First Virginia Bank – West with Virgina, their in law from just outside Urbanna, and even with the co-signer, Jena was rejected for this home loan. With fair credit, it can be challenging to procure funding, even with collateral and a co-signer.
Jena’s Transunion score was altered by the home loan loan, changing to 501 from 513, which is normal in our experience.
Contact Details for First Virginia Bank – Middle Peninsula, the provider of this home loan
- First Virginia Bank – Middle Peninsula
- City: Urbanna
- State: Virginia
- Address: Main Street
- County: Middlesex
- Zip code: 23175
Installment loan for Jena, a graduate of Fine Mortuary College and a bicycle mechanic working for over $66,000 per year
Jena, an alumnus at Fine Mortuary College and a bicycle mechanic in Urbanna, Virginia wants a home loan to purchase something frivolous. Jena has instead decided to get an installment loan for $9,000 and is currently seeking lenders like Richmond National Bank to provide it.
Conclusion of Jena’s home loan
In the end, Jena was able to find a home loan for $78000 with an interest rate of 9.6% interest APR from First Virginia Bank – Middle Peninsula in Urbanna, Virginia repayable over 24 years from today.