Posted on: 10th Jan, 2011 03:59 pm
Our house is paid off but want to take out a loan on the house. Our credit is not good but we are not sure if we should do an equity loan or a mortgage reinance. We wanted to use the money to pay off debts and do some home improvements. Can u please let me know which way we should go.
hi djhoneyd,
if your problem is short outed then great to you. other wise you can take consultancy from slice my mortgage.com. it have whole california service about home refinance, home equity loan, mortgage loan and debt consolidation.
if your problem is short outed then great to you. other wise you can take consultancy from slice my mortgage.com. it have whole california service about home refinance, home equity loan, mortgage loan and debt consolidation.
If your credit isn't the best, it's going to be hard to find a home equity line of credit. You'll have a better chance obtaining a new mortgage.