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experimentalbbq

Texas Pool Lending

experimentalbbq
12 years ago

Anybody having luck in Texas with pool lending? Everybody I have spoken with wants to do a second lien. This is fine, but I already have one... so, the solution is to take our second and add in the pool. The problem is that home values have sunk enough that there's no room to get the 55-65k we need.

It's amazing where we are today in the loan industry. My credit score is 815, my wife's in 790. We have no issues with monthly payments.. it's just massing the 5 figure pool amount that we have trouble with. With our bonus structures we can probably pay it off in 4-6 years anyway. I've talked to just about everybody I can think of. Any suggestions out there would be great. So much for the American Dream.. finance it now so you can have it and pay later! LOL (please see the sarcastic humor in that). At the moment right now the solution is to do things the right way.. wait and pay cash.. grrrr.

EBBQ

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