I own my home valued at 90,000. I would like to get a home equity loan of 15,000 with poor credit. what are my chances? by bodyfo_658_551 from San Antonio, Texas. Jul 11th 2012
If your home is paid for with no liens.. then there are "Hard Money" lenders out there that will lend to you, however, the terms are going to be terrible.. if you have a mortgage, then it's very unlikely anyone will lend you money with poor credit.. 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
Not good. However, talk to your local credit union and see what they might be willing to do. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950
Slim to none.
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