i'm new here so please be patient...i have good income (100k plus/year) have made $1200 mortgage payments as agreed for 18 months and can prove w/cancelled checks of $900/month rent before that for two previous years. we were only able to secure 1st mortgage with equity 25% down (money spouse recieved from estate) our mortage balance is $129000 house is worth $180000 aprox. we have around 13-18k in unsecured credit cards and misc debt but most credit cards are over limit and many show late payments. if i could secure 2nd mortgage or home equity loan from sub prime lender even at high rate i think it would be to my advantage as my credit score would rise and i might be able to secure 1st mortgage at lower rate. where can i find such a lender? my score and wife score last time i pulled equifax was 520 -550ish.
wells fargo (the bank is one of the creditor's i haven't paid all that well do you think that is still possible. i have had paid as agreed loans with them before... 5-6 years though
