Posted on: 17th Aug, 2009 11:42 am
i owe 89000 on a home worth about 110,000. the home is in tennessee. i had to relocate to utah, and rent this home out. could i get a second mortgage to consolidate some bills? how much could i get?...owe 89,000.
home worth about 110,000.
home worth about 110,000.
The simple answer is no. It far exceeds today's underwriting tolerances for cash-out refinances.
I would compare personal loans to see if that is a good fit
I would compare personal loans to see if that is a good fit
jbutterfield19
Welcoem to the forum
You need to have some equity in the house for you to take a equity loan
As of now it does not look like you will be able to get that secodn loan
Good luck and feel free to ask
Welcoem to the forum
You need to have some equity in the house for you to take a equity loan
As of now it does not look like you will be able to get that secodn loan
Good luck and feel free to ask