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Good lender for a 2nd

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My scores are low to mid 600. The only negative I have are two medical collection one for 150.00 and one 456.00 that I am disputing. My scores are low because(I think) I have high cc balances. I want to borrow 40k which would bring my ltv to 90%

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From my experience, you will need a 620 mid score to get a 90% CLTV* loan.

Charles

*CLTV: AKA TLTV.

When you total the first and the 2nd mortgage, the percentage of the value of the home. So. home is worth 140K, first loan is 86,000, and you add a 40,000 2nd mortgage, you have a combined loan of 126,000-90% of the value of your home.

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