does any one know of any mortgage companies that will finance u with bad credit ,but with land as down paymen

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i have a piece of land worth 45000 and i made a small loan on it under 10000 also credit is in the low 500 i would like to use my land for a down payment

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    mjg
    February 24, 2011 at 5:42 am

    so you have a loan on the land to? and you want to put that as a down payment, you cant do that if you are still paying on loan, but if its paid off then they might take it. but in order to get a loan you cant be late on any of your bills for at least a year or more, if you have been late you wont get approved, and a score of 500 will give you a really high interest rate, and most of your monthly payment will go to interest….

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