Forum Discussion
mgirardo
Feb 18, 2015Explorer
I think you will have some trouble finding financing that will be reasonable considering you lost your house not that long ago. A buddy of mine walked away from his house during the recession and less than two years later he financed a new truck. He got financing through the dealership with 14% interest because of his poor credit.
You will have a better chance getting reasonable financing if you have a large down payment, like 20%. Since you have a relationship with a bank already, you probably should try there.
-Michael
You will have a better chance getting reasonable financing if you have a large down payment, like 20%. Since you have a relationship with a bank already, you probably should try there.
-Michael
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