Can I use my deed as collateral for a loan with a poor credit score

linda from yourloanpartnerforlife@live.com what is on your report ? i do have one person that I trust to clean up credit

unfortunately, all conforming loan guidelines have to be adhered to to allow someone to finance.. equity is not a substitute for bad credit when it comes to traditional financing.. Hard money lenders on the other hand will allow you to finance with a large equity or low loan to value position.. expect the loan to be very expensive.. high rates and fees.. typically, if you live in the property, then even hard money lenders wont do the loan because of all the federal laws regarding usury.. those laws don't apply to non owner occupied properties, so they can charge you the absorbent fees necessary to balance their tolerance of risk.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Yes, but for traditional residential mortgages you still have to qualify for the loan and meet requirements - even if you have a bunch of equity. Otherwise you'll need to work with alternative lenders which will have very high interest rates and/or fees.