How to borrow money against paid off house with very bad credit

Hard money loans, but you need to be real careful.. you could end up losing your home. Typically, these HML's will hit you with high interest rates, high fees, and they most always require you to pay them off within a few years (balloon payment).. if you don't pay them, they will foreclose.. You might be better off working on fixing up your credit and then do a conforming cash out refinance, rather than going with a hard money lender.. I'm a preferred Lender with Arizona and California being my primary markets. 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 NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

We have many different loan options. Give us a call at 864-438-4550 we are local to South Carolina.