yep;
It depends on what your credit issues are. But if it is something that can be logically explained, then go to a community bank. One that is locally owned and not part of large chain.
Be willing to spend some time talking to the loan officer. Convince him that you will be paying the money back. And that you have a plan that is reasonable.
You will probably have to pay a larger interest rate than someone with fantastic credit.
You also should be willing to show that you have a contingency plan in case you have an accident or are out of work.
The loan officer will not be impressed if he/she senses that any hiccup in your income would set your reeling and unable to pay.
A good rule of thumb is this, if YOU had 39,000 that you would be able to loan, what kind of person would YOU loan it to? Then, become that person.
The reason a local bank is more likely to take a risk like this is because they are probably not publically traded. That means they do not have to account to stock holders that continually pressure the bank to return higher dividends.
Also, if this bank makes this relationship with you, they hope that you will continue to do business with them in the future. It's kinda like, I will help you when you are little, and when you become big we hope that you will continue to stay with us and make more money from you. After all, if the bank doens't make money it will either close or be acquired by a bank that will.
One more important thing, and it's kinda simple, is the property worth 39K?
Good Luck and hope you get it worked out.
Arkansas Transplant