Hello, I own my home free and clear and I need a loan. How can I go about it?

Hi Janice, Any lender should be able to help you with this. It would be considered a cash out refinance and there may be restrictions based on credit, loan program, etc., but it should not be difficult to find someone who wants to help and you should have plenty of loan options. How long have you been on title?

Hi Janice, what loan amount are you looking for? We can help you complete a cash-out refinance. Feel free to give us a call at 858-605-0952 to explore your options. We are a San Diego-based lender.

Hi Janice, You will likely have multiple options on how to structure this to your best advantage. Make sure you speak with an experienced lender that will lay out these options and discuss the pros and cons with you. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

There are several options, but I like the 1st position Home Equity Line of Credit (HELOC) best. With this type of mortgage, you apply once, and you have unlimited access to your homes equity without having to re apply each time you tap into it.. Most have a 10 year "Draw Period", meaning once your approved and the loan closes, the lender allows you to tap into the equity as often as you wish.. Think of it as a credit card with a maximum limit.. you can borrow and pay it down, and borrow again.. all without having to get approvals.. after the 10 year draw period, your loan becomes a 20 year amortized loan, and you can no longer take out any equity.. at this point you either leave the loan in place or you refinance it, or you apply for another HELOC.. There's also a "Cash Out" Refinance option, but this is just a standard type program.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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

I have been lending in CA since 1989. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803