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Home >> Lending >> Home Mortgage
Looking for a Home Mortgage Loan
I have poor credit, but my brother will cosign for a loan for me for a house for about $85,000 with 10% down. Do you know a lender that will entertain an application for such a loan?
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 We don't broker loans or have lists of lenders; however, given enough time and effort, you'll be able to identify a lender that would consider taking an application. Be aware, however, that for smaller loans and lower credit scores, lenders willing to take on such a loan will tend to require a higher interest rate. Your brother should be aware that, if he does co-sign a loan for you, he will be expected to make payments if you fail to make them on time, and he will incur the same credit history on the loan that you do.
Published on BankingQuestions.com 12/03/09
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