home equity loan

From what you have stated you should be able to walk into any local bank and get a home equity loan without any trouble. Your local bank is you best bet to get a good HELOC. Depending on the rate for your first mortgage, it may however make sense to refinance your fist mortgage and take the extra cash out. If you would like to go through your situation, I would be happy to help you out..Joe CafieroVP of Mortgage LendingGuaranteed Rate IncSuperior Mortgage Group547 Pottstown PikeChester Springs, PA 19425ph: 610 594-6611cell: 914 456-0677email: joe.cafiero@guaranteedrate.com

Hey Debbie.. Lenders don't lend based on your equity position, they lend on your ability to repay the loan. If your ratios are high, then you probably have either limited income, or high debt, or a combination of both.. Without knowing all the numbers it would be difficult for anyone to say if they can help you or not.. I can tell you this though.. if your using your original lender or a local "Bank".. then that's your first mistake... they are not trained in mortgage origination, only in taking an application... the absolute best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders... the LOCAL broker is 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. 480-287-5714 WilliamAcres.com

If you are 62 years old or older, then I can help you with your loan.

I truly dont know why your lender declined. HR loans are common place and HEE loans are on the up. Home Remodling loans are taken out for roofing, new siding, new window, replacing carpets, kitchens, bathrooms, closets, floors, and basements, as well as foundations. They range from 10,000 to 50,000. With your ability to repay and credit rating you have the qualifications.