Posted on: 30th Nov, 2010 03:21 pm
i need to borrow money on my house what do i do .
Hi shanebarnett,
You will have to take out a mortgage using the property as a collateral. You should contact the local lenders and apply for the loan. If you meet all the required criteria of the lender, you'll get a mortgage.
Thanks
You will have to take out a mortgage using the property as a collateral. You should contact the local lenders and apply for the loan. If you meet all the required criteria of the lender, you'll get a mortgage.
Thanks
Contact a loan officer. Have your credit ran and provide him your income/asset documentation. He will determine how much money you can borrow against your home.
